With the world’s eyes on polluted Beijing this week, the Chinese Finance Ministry has announced plans to combat future problems with smoggy air. The new tax, which could double current rates, is designed to reduce the number of high-polluting new vehicles sold.
Currently, China taxes vehicles with motors larger than 4 liters 20 percent on top of the sales price. That’s set to change to 40 percent. Vehicles with motors between 2 and 4 liters were taxed 15 percent; the new rate will see an increase to 25 percent. Smaller engines will continue to be taxed between 5 and 9 percent with the exception of vehicles with smaller than 1 liter motors. Tiny engines will only be taxed 2 percent, down from 3 percent.
China expects its efforts to curb the rapidly increasing pollution problems the country is facing. Some of the country’s biggest cities have adopted emissions requirements that exceed U.S. requirements and approach European Union levels. Shanghai, for example, has entirely banned heavily polluting motor scooters.
China’s Finance Ministry’s Web site says the new taxation will go into effect on Sept. 1.
08/13, 12:46 PM
posted by:
crackerhemi
Maybe this will force cruddy ford and GM to try more with their iron core engines. When you need a 4.0L V6 to produce 200 HP, and 4.6L V8 to do 300HP, you have got issues. This will force the Chinese to buy better cars and not the car ford and GM are trying to ship over.
08/13, 1:22 PM
posted by:
ktulu
china is now officialy 2 the laft of californy
08/13, 2:04 PM
posted by:
brassmonkey
I had homemade zucchini bread for breakfast and a large home brewed coffee. I read how much Michael Phelps eats for breakfast. Dude. That would take me 2 or 3 days of 3 meals per day to eat. He eats three fried-egg sandwiches loaded with cheese, lettuce, tomatoes, fried onions and mayonnaise, two cups of coffee, a five-egg omelet, a bowl of grits, three slices of French toast topped with powdered sugar and three chocolate-chip pancakes. That’s just breakfast. Dayum!
08/13, 5:00 PM
posted by:
zeeck
don’t those ****ty mopeds that everyone drives there put out twice as much smog ass a decent car? maybe they should target those first since those are the most used.
and Phelps is a BAMF, i can’t believe he is 5 for 5 so far on golds, wow…
08/13, 7:23 PM
posted by:
bigp
whatever works
08/13, 7:55 PM
posted by:
snork
Large engines are not completely to blame for pollution…how about they implement some emissions regulations? That will really cut down on the polution. There are plenty of 2.5-3.5L engines in US cars that qualify for ULEV and PZEV certification.
08/13, 10:26 PM
posted by:
olds307
good….. cheaper fuel for us
08/14, 11:30 AM
posted by:
DriveCritic
I think the biggest change will be in the 2-4 litre engine range with the new rate at 25 percent. Vehicles with more than 4-litres in capacity such as the Merc S-class, BMW 7-series and supercars will continue to be snapped up by the rich, who are getting richer by the day – a 40 percent tax will not deter these people.
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08/14, 11:30 AM
posted by:
Jazz
You’re right zeeck. Small engines with bad or no mufflers arer just as bad as big cars. How about planting some trees? or forcing the plants to have taller exhaust stacks?
08/14, 12:18 PM
posted by:
mayer_ray_nagin
That’s not smog – that’s smoke from all the dog-BBQs at every streetcorner.