With CO2 levels for new cars having fallen by 13 per cent since 1997, SMMT is urging the Chancellor to take a long-term and consistent approach to vehicle-related taxes to encourage both manufacturers and consumers to opt for cleaner, greener cars, vans and buses.
“We have made significant improvements in reducing CO2 emissions and transformed the environmental impact of our products,” said Paul Everitt, SMMT¡’s chief executive. “New vehicles are cleaner, safer and more secure than the models they replace.
“It is important that Government understands these achievements and works with us to deliver fair tax measures. These can help boost cleaner vehicle sales, but without creating damaging market distortions,” he explained.