Dieter Zetsche: lack of subsidies will limit sales of plug-in vehicles in Germany
In early May, the German government announced that it's ready to dispense "billions of euros" to promote the deployment of plug-ins autos so that at least one million of these vehicles are registered nationwide by the end of 2020. At the time, German Chancellor Angela Merkel was reportedly ready to sign off on legislation that would eliminate the motor vehicle tax on plug-in vehicles for the first ten years of registration and reduce taxes on plug-in vehicles used for work purposes. We wonder how she reacted to Zetsche's assertion that Germany doesn't stand a chance of hitting that one-million mark unless actual subsidies are involved.
[Source: Automotive News Europe – sub. req.]
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models