The new registration tax will reduce sales by 100,000 units and raise the price by 1,000 euros per car

With the first day of the year comes the entry into force of the new registration tax, which will mean an increase in the average price of vehicles of up to 1,000 euros per unit given the even stricter than stable limits on emissions.

In addition, according to the calculations handled by the Federation of Automotive Dealers Associations (Faconauto), this price increase will motivate the loss of up to 100,000 vehicle sales during this year.

The president of Faconauto, Gerardo PerezHe assured in a meeting with the press that this tax increase will “demobilize” sales, as it already happened in the first half of 2021 before the tax was “frozen” until this January 1.

Another gift from the green economy

Environmental manipulation is the ultimate reason for this tax hike, since on January 1 of last year the new European emissions regulation (WLTP) came into force that changed the gas measurement parameters of the vehicles, making them even more strict.

Most of the models increased the number of grams of carbon dioxide (CO2) that they homologated and this represents an increase in the price of vehicles in Spain, since registration tax is directly related to emissions of carbon dioxide from cars. Thus, once again it is seen how the supposedly ecological measures harm the most disadvantaged who, generally, will not be able to access the most modern and more efficient vehicles from the point of view of emissions, such as electric models.

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