AUTOMOBILES
New car taxes 'still need tweaking'
Manufacturers want more level playing field
- Published: 20 Dec 2012 at 00.00
- Newspaper section: Business
More refinements should be made to the new automobile tax structure to ensure greater fairness to all technologies in order to encourage more development and minimise increases in retail prices.
Toyota Camry Hybrid (left) and BMW 3 Series diesel version both emit about the same CO2 levels but the German car is not eligible for lower tax because it uses a conventional engine.
While using carbon dioxide (CO2) emissions instead of engine size has been lauded by the industry, there remain several unclear points in the new system.
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