Copies of UK New Car Registrations by CO2 Performance can be downloaded from www.smmt.co.uk Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Average diesel car CO2 falls 12.2 per cent in four years SMMT’s CO2 database is based on figures supplied by manufacturers from the first registration document and are checked with type approval data from the Vehicle Certification Agency (VCA). It includes figures for 99.9 per cent of the record 2,458,769 new car registrations in 2001. 45 per cent of new fleet cars report CO2 output below 165g/km He added, ‘There are many important things the industry can learn from UK New Car Registrations by CO2 Performance, not least that it is on course to meet the voluntary targets set to reduce CO2 output by 25 per cent. This is good news for the industry, the environment and ultimately drivers who faces taxes which are increasingly based on their car’s carbon dioxide output.’Notes to editors: The new company car tax regime came into effect in April 2002. Company car tax is now based on the list price of a car adjusted by its carbon dioxide output. Cars emitting less than 165g/km CO2 will be taxed at the lowest rate, 15 per cent of list price. Increments of 5g/km will add one per cent to the taxable liability to a maximum 35 per cent. For example, a car emitting 170g/km CO2 will incur 16 per cent tax on list price, 195g/km will incur 21 per cent. Diesel cars attract an additional three per cent levy. The new CO2 based system replaces the old ‘mileage adjuster’ where company car tax was based on list price adjusted by the number of business miles driven in any one year. In a groundbreaking voluntary agreement, European car manufacturers agreed to reduce average new car CO2 emissions across Europe by 25 per cent from 1995 levels to 140g/km in 2008. The Japanese Car Manufacturers Association (JAMA) and Korean Car Makers Association (KAMA) members have signed a similar agreement. Average CO2 emissions from new cars down 6.4 per cent since 1997, from 189.8g/km in 1997 to 177.7g/km in 2001 A new annual report, based on the SMMT’s unique CO2 database, has revealed that average carbon dioxide emissions from new cars has fallen again. Figures in UK New Car Registrations by CO2 Performance reveal a 1.8 per cent drop last year, with average CO2 output down 6.4 per cent since 1997. The report provides further evidence that the industry is on course to meet voluntary industry targets to cut average CO2 output by a quarter by 2008.One of the reasons for lower CO2 is a surge in sales of ever-cleaner diesel models. In last year’s record new car market, diesel car sales soared by 39.4 per cent to 436,591 units and the report confirms diesel engine technology moving on apace. Average CO2 emissions from diesel models has dropped 12 per cent in four years, nearly twice the average, from 186.7g/km in 1997 to 164g/km.As the government looks to CO2 as the basis of both VED and company car taxation, fleet buyers in particular are making low CO2 emissions a top priority. More than 45 per cent of new cars in last year’s fleet market had a CO2rating below 165g/km, the lowest tax threshold under the new company car tax rules. In total, cars registered to fleets averaged 175.5g/km CO2 in 2001, slightly below the overall market average of 177.7g/km.SMMT chief executive Christopher Macgowan said, ‘SMMT is the definitive source of CO2 data, adding to our reputation as the industry’s number one provider of new vehicle registration information.’

Leave a Reply

Your email address will not be published. Required fields are marked *