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12Global automakers to shutter Russian plants?

For an automaker to manufacture locally, two elements need to be in effect: for one, the market needs to be large enough to justify it, and for another, importing has to be too expensive to make it worthwhile. Many automakers have found both those elements in place in Russia, but may not for very much longer. According to Ward's, changing conditions in Russia could spell the end of local production in the world's largest country. On the one hand, the market is shrinking, while on the other, impo

4Spyker liquidating assets doesn't bode well

If there's any company that's faced some ups and downs, surely it's Spyker. The Dutch coachbuilder originally started out in 1880 and shut down in 1926, laying dormant until resurfacing in 1999. Things were going alright until Spyker tried running its own F1 team (which as fellow niche European sports car manufacturers Caterham and Marussia could tell you, is not a good idea) then set its sights on Saab. Of course we all know how that turned out and nearly drove the company into bankruptcy.

Add'Fee per ton mile' latest idea to combat declining gas tax revenues

For those who consider our current and projected transportation-infrastructure budget shortfall a weighty matter, consider a recent op-ed in The New York Times that casts the argument in just those terms. With transportation funding subsidized to the tune of about $41 billion since 2008 and the annual shortfall expected to reach almost $15 billion by 2015, the Times suggests a potential solution: imposing annual fees based on a combination of driving miles and vehicle weight.

5America's Bridges Are Crumbling

More than 80,000 bridges across the United States are in dire need of repair.

More than 80,000 bridges across the United States are in dire need of repair.

AddGM lobbies against Michigan proposal for EV road tax

General Motors has no issues with the idea of better roads for Michigan, but when it comes to a special plug-in vehicle tax enacted to help pay for those repairs, the automaker is crying foul, Automotive News says.

143 former Saab execs charged with tax evasion

The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected of attempting to evade taxes by falsifying Saab accounts between 2010 and 2011 during the Spyker years. Other reports indicate the parties involved include former General Counsel to Saab Kristina Geers (seen to the left of former CEO Victor Muller, above), a 15-year-veteran of the company

93Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring le

AddCiting "public health," French minister calls for higher diesel taxes

France's environment minister says diesel fuel, which powers about 80 percent of the country's light-duty vehicles, should be taxed at higher levels for the sake of public health, Bloomberg News reports.

202Virginia's Gov. McDonnell proposes elimination of gasoline tax

The assessment of a gas tax and the role it plays in a state's transportation and overall budgets has been a topic of discussion for a while, and Virginia state governor Bob McDonnell is the latest to offer up another way to secure more revenue from the state's residents to pay for their roads and public transportation. McDonnell's proposal would eliminate Virginia's 17.5-percent gas tax entirely, with funds for infrastructure projects coming from an increase in the sales tax from five percent t

148Bay area residents could soon be taxed per mile driven

As cars get more fuel efficient, they become a less profitable source of tax dollars. So what's a city to do? Raising gas taxes is certain political death. For San Francisco Bay officials, creativity is the key.

28Strong majority of Americans support higher gas tax to improve roads

Think of it this way: a teenager cruising in a convertible down Pacific Coast Highway will probably be pretty big on smooth roads.

20Italy hikes gas taxes to raise money for earthquake relief

Tragedy is a relative concept. Some would call it a tragedy that, while Italy makes some of the most desirable (and gas-guzzling) cars on the market, it also has some of the highest fuel prices in Europe. But that unfortunate reality is far overshadowed by the two earthquakes that have struck the country's Emilia-Romagna region, killing 24 people in total. Now the fledgling government tasked with steering the troubled country into financial health is forced to raise fuel taxes even higher to rel

AddClimate change and the redistribution of carbon-sourced wealth

For a multitude of reasons – climate change, air quality, national security, etc. – a large reduction in the burning of carbon-based fuels is a good idea. Since higher prices are known to reduce consumption, one way to achieve this is to simply put a tax on fuel at the pump. It's been proposed by GM's Dan Akerson, Bill Ford and others, but the idea can be difficult politically and economically. With current prices already relatively high, further increases negatively impact the cost

42Auto industry pays $135 billion in taxes annually

How important is the auto industry to state and federal governments? According to the Center for Automotive Research, the industry accounts for $135 billion in annual taxes. In fact, a reported 13 percent of all state taxes comes from the automobile, or $91.5 billion in total.

37Financial police targeting European supercar owners due to Euro crisis?

Italy is dealing with a financial crisis that placed it just behind Greece on the list of dangers to the stability of the euro, and with €1.9 trillion in public debt the country hasn't hesitated to turn over its couch pillows searching for every contribution. It started a couple of years ago with the Guardia di Finanza targeting superyacht owners, and it has continued with the financial police going after supercar owners.

104Washington State senate passes $100 annual fee for electric vehicles

Washington State's senate has passed a bill that would impose an annual fee of $100 to electric-vehicle drivers in an effort to compensate for the gas taxes that EV drivers don't pay, the Associated Press reported.

103Arizona lawmaker proposals per-mile electric-vehicle tax

Because nothing says environmental sustainability like a per-mile tax on electric vehicles.

346China slaps duties on vehicles imported from the U.S.

Local manufacturing has become the watchword (or words) when it comes to foreign automakers entering the Chinese market, and for a number of reasons. For one, the market is plenty large enough to make sense out of manufacturing locally instead of importing from overseas. For another, joint ventures with local automakers have been encouraged by the still tightly regulated economy. And now there's another reason: imported vehicles are about to face an extra measure of importation duties.

7Former VW CEO Pischetsrieder settles tax evasion charges with charity

Former Volkswagen CEO Bernd Pischetsrieder has successfully managed to avoid tax evasion charges in Germany by agreeing to donate around $193,000 to various charities, according to Automotive News. Pischetsrieder had been charged with evading more than €230,000 in taxes between 2000 and 2003 (around $322,500 USD) by transferring interest on loans between various properties. The ex-VW executive went on trial on Monday, and according to reports, Pischetsrieder told the court that he never set

26Netherlands sees measurable results from fee-per-mile test program

Should drivers be charged a tax fee for the miles they drive? A controversial tax proposal over in the Netherlands calls for just that, with miles driven measured via a meter placed in vehicles.

79Next Congressional battle: renewing the federal gas tax

If the U.S. economy wasn't in shambles, renewing the federal excise tax on gasoline would be routine. But, as Congress intensely debated the national debt recently, the gas tax got moved to the back burner. This is a potential problem. With most of the 18.4-cent per gallon gasoline tax set to expire at the end of September, renewing it could spark political uproar and further divide Congress.

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