Jornal de Notícias looked at prices for 20 best selling car models in Portugal, Spain, France and Germany and found that not one vehicle was more expensive in the other countries. The reason is the government’s taxation policy which penalised buyers of the smallest run-around to the most luxurious or sporty. One tax is based on engine size and the resulting estimate of carbon dioxide (CO2) emissions. Then there’s double taxation, with Portuguese buyers paying the vehicle purchase tax, 'Imposto Sobre Veículos' and then VAT on top – a tax that is taxed again. The best-selling car in 2018, the 90 horse power Renault Clio Zen model which costs €1,700 less in Germany than in Portugal and €2,000 more than in Spain. The diesel version costs around €5,000 more. "There is no fiscal harmony in the European Union. Even during the Portuguese presidency of the EU in 2000, we raised the question but nothing was done, which means that member States tax … [Read more...] about New cars in Portugal are among the most expensive in Europe
2018 best new cars
New cars in Portugal are the most expensive in Europe
Jornal de Notícias looked at prices for 20 beat selling car models in Portugal, Spain, France and Germany and found that not one vehicle was more expensive in the other countries. The reason is the government’s taxation policy which penalised buyers of the smallest run-around to the most luxurious or sporty. One tax is based on engine size and the resulting estimate of carbon dioxide (CO2) emissions. Then there’s double taxation, with Portuguese buyers paying the vehicle purchase tax, 'Imposto Sobre Veículos' and then VAT on top – a tax that is taxed again. The best-selling car in 2018, the 90 horse power Renault Clio Zen model which costs €1,700 more in Germany than in Portugal and €2,000 more than in Spain. The diesel version costs around €5,000 more. "There is no fiscal harmony in the European Union. Even during the Portuguese presidency of the EU in 2000, we raised the question but nothing was done, which means that member States tax … [Read more...] about New cars in Portugal are the most expensive in Europe
Sales of new cars fall by 5% in Northern Ireland
Sales of new cars fall by 5% in Northern Ireland BelfastTelegraph.co.uk New car sales in Northern Ireland are down by over 5% on the same time last year in an indication that consumer confidence here is "stuck in the doldrums," an economist has said. https://www.belfasttelegraph.co.uk/business/northern-ireland/sales-of-new-cars-fall-by-5-in-northern-ireland-37881624.html https://www.belfasttelegraph.co.uk/incoming/article37884356.ece/71a90/AUTOCROP/h342/car.jpg Email New car sales in Northern Ireland are down by over 5% on the same time last year in an indication that consumer confidence here is "stuck in the doldrums," an economist has said. Weekly Business Digest Newsletter The report from the Society of Motor Manufacturers and Traders (SMMT) said there had been 9,547 new cars sold in January and February, a fall of 5.27% on the first two months of 2018. And the number of new cars driven off forecourts in February alone had fallen by 3.52% on the year before to hit 3,887 - … [Read more...] about Sales of new cars fall by 5% in Northern Ireland
What’s the best new car you can buy? 2019 Car of the Year shortlist driven and rated
Only two points, I’m told, separated BMW’s latest 3-series from inclusion in this year’s seven-strong Car of the Year (Coty) shortlist. Oh, the injustice of democracy. Admittedly the BMW was launched late in 2018, and I’ve been told that only about half of the 60 Coty judges got to drive it. That seems a shame. As one fellow British judge put it: “Honda and BMW build the best cars but neither has ever won Coty.” There were other noteworthy omissions from the shortlist: five Audis, for example, three other BMWs, a brace of Mercedes-Benz, Honda’s CR-V, Nissan’s Leaf and even Hyundai’s Nexo, the most complete fuel-cell car on sale. But you have to go with what you’ve got and forget the ones left... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium … [Read more...] about What’s the best new car you can buy? 2019 Car of the Year shortlist driven and rated
Romanians buying more new cars in 2019; Domestic brands record strong growth
Statistics released by the Automotive Manufacturers and Importers Association (APIA) on new car sales show a 21.6 percent growth of the auto market in Romania at the beginning of 2019 compared to the previous year. In January 2019, 8,832 cars were sold locally, with 2,406 cars from domestic brands Dacia and Ford (a 49.5 percent growth compared to January 2018) and 6,426 import brands, which recorded a 15.7 percent growth compared to the same month of last year. Volumes were lower in January than at the end of last year, but this decrease always occurs in January and February, the weakest months in any year in terms of car sales. Companies accounted for 65 percent of all car acquisitions in January, while the number of cars purchased by individuals (3,057) was 77 percent higher than in 2018. Romanians may be more willing to buy new cars without using the Rabla programme thanks to higher incomes. The total market for new vehicles (cars and commercial vehicles) reached 11,014 units, with … [Read more...] about Romanians buying more new cars in 2019; Domestic brands record strong growth