Tax disc rate is latest move towards lower emission cars
NOW for some revenue for the government, under the green flag of steering buyers towards lower emission models.
On Thursday, sales of new cars attracted a new “first year” rate of excise duty (aka the tax disc payment).
Cars emitting less than 130g/km CO2 will be exempt from VED charges for the first year with rates between £110 for cars emitting 131-140g/km CO2 to £950 for cars emitting more than 255g/km CO2.
Motorists will pay the first year rate of VED when buying their car, reverting to the new (higher) standard rate for every subsequent year.
Another gong for Jaguar Land Rover. Not long after its Indian owners Tata went on the search for funding, the Midlands carmaker has been named International Asian Business of the Year for its growth in world markets.
London’s hire bike scheme begins on July 30. Riders get one of the 6,000 hire cycles at around 400 locations across the nine London boroughs and several Royal Parks that make up London’s “zone one” travel area.
The scheme is expected to generate up to 40,000 extra cycle journeys a day in central London. You pay £1 for 24 hour access, £5 for sevn-day access, £45 annually. Sample hire rates are then £4 for 90 minutes. There are penalties for late return, damage etc.
It will be controversial but Warranty Direct says the (previous model) Vauxhall Astra is the most reliable fleet car more than three years old. Its incident rate was 11 per cent, with BMW’s 3-series on 13pc and the Ford Fiesta on 19pc.
Well off the pace, at tenth, was the Vauxhall Vectra with 43pc problems while the Corsa was the most expensive in bills because of recurring engine and electrical problems, says Warranty Direct.
BMW just pipped Ford to be the most reliable brand.