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SUV sales nosedrive in Spain

Spain was one of the first countries to make its car tax system to make it dependent on CO2 emission levels. This tax is not reflected in the lifecycle of the vehicle, as it's only paid at purchase time (it's called "impuesto de matriculación", which translates as "plate number tax"). We can now see the results of this emissions-based tax. Overall, vehicle sales in Spain were up by 0.7 percent compared to February '07, although rent-a-car companies bought 81.5 percent more vehicles. The most dramatic change in sales can be found in the ... Read more →

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