- Jun 4, 2008
High diesel prices and pollution concerns put off potential buyers in Europe
First of all, the decline in car sales in Spain is affecting diesel cars more than petrol ones. The high diesel prices hurt, but a new registration tax scheme made for a milder decrease in sales of small and subcompact cars than in past months. A bit of surprising news comes from Germany, where one out of four diesel owners state that their next new car will likely be a gasoline vehicle, thanks in part to the complexity of owning a diesel and the high repair costs. Things even look worse for old models: those cars not fitted with Diesel Particulate Filters aren't likely to be purchased second hand (and will probably end up in Southern Europe), mostly due to the restrictions in some cities.
[Source: El País, Auto-Presse]