The year 2024 is looming and with it, tax adjustments in France, under the aegis of the Minister of Economy and Finance, Bruno le Maire and the Minister Delegate in charge of Transport, Clément Beaune. This could in particular concern the automobile penalty, linked to the weight of vehicles or to CO2. These two could be hardened in the coming months. Bad news for future buyers of many new cars, no doubt.
Our colleagues from Echos mentioned this on August 17. The objective is to penalize vehicles deemed to be the most polluting and too heavy. This by an increase in taxes that target them. The weight penalty threshold, introduced in 2022 following the suggestion of the Citizen’s Convention for the Climate, would increase to 1.6 tonnes. It is currently at 1.8 tonnes and discussions have fluctuated between 1.5 and 1.7 tonnes.
On the CO2 side, the rate would be lowered from 123 g/km in 2023 to 118 g/km for 2024. This would affect even more vehicles.
Uncapped penalties, even more taxes
Our colleagues from Echos ensure that the two maluses would coexist. But they would also be uncapped. Currently, these are limited to 50,000 euros or 50% of the price of the vehicle. So it could be more important.
Company vehicles could also be taxed more, via CO2 emissions and seniority. This is to encourage the transition to fleets deemed more environmentally friendly for companies.
For this, electric and hybrid vehicles would not have any penalty. An element that manufacturers fear, especially because cars with this technology are particularly heavy. Still, with these adjustments, the government hopes to generate 500 million euros. Enough to finance part of the ecological transition and the green industry, always.
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To sum up
The weight penalty and the CO2 penalty should change for cars next year. The thresholds could be lowered and tightened, for private and company vehicles. The goal would be to generate money to finance the ecological transition.