Auto Trader Group plc
Auto Trader Group plc
07/04/2024 | Press release | Distributed by Public on 07/04/2024 08:29
Response to EU provisional tariffs confirmed for 5th July
Tariffs are bad news for consumers so we can only hope that the EU and China can agree a deal before November to prevent these provisional tariffs becoming permanent. The UK should also resist the temptation to follow the EU's lead. Drivers already face a lack of affordable choices when it comes to electric cars, so it doesn't make sense for us to limit those options even further for consumers.
Ian continued: 'We need to bring more buyers into the market by cutting down the 'green premium' - which means EVs are usually 35 per cent more expensive than diesel or petrol cars. We'll only do that with open competition to foster innovation, not by reducing choice."
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