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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe. United Kingdom ?

Motoring 284
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ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

Green Car Congress

The ICCT study is the first to evaluate the response to fiscal incentives in 2013 to incentivize the purchase of plug-in electric vehicles in major vehicle markets worldwide. Norway has the highest share of electric automobile sales (BEV and PHEV combined) at about 6% of all passenger cars sold in 2013.

Market 253
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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Terms of the arrangement were not disclosed. Earlier post.) billion) by the fiscal year 2015.

Motors 186
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OC&C survey finds US consumers lag behind major industrialized countries in embracing electric/hybrid vehicles

Green Car Congress

Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.

Industry 170
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Peugeot Signs EV Partnership LOIs with Veolia and Greenwheels; Peugeot and Greenwheels Join the European EVA Project

Green Car Congress

At the Brussels Motor Show, Peugeot signed two Letters of Intent (LOI) agreements with Veolia and Greenwheels concerning the purchase of electric vehicles and the development of mobility services. Today Peugeot and Greenwheels signed a LOI that will give Greenwheels a guaranteed supply of electric vehicles, including the Peugeot i0n.

i-MiEV 186
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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary. One would expect to receive some kind of purchasing allowance calculated that’s then tied to income. But things aren’t quite as simple as that in the United Kingdom.

Sale 101
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. ECV Units sold. United Kingdom. ECV Units sold. ECV Units sold. GDP per capita.

Greece 150