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4x4 sales slump as taxes bite; MOTORING.


SALES of gas-guzzling 4x4s have plummeted in the past month since tough new road taxes were announced, manufacturers said yesterday.

The number of jeep-style vehicles dropped 18.3 per cent since plans for next year's vehicle excise duty In the United Kingdom, Vehicle Excise Duty (VED) (often known as road tax, although it is not hypothecated for spending on roads, and before 1936 as road fund licence) is an annual tax on the use of motor vehicles on the public roads.  were released.

As low-income families shunned the market, 8.3 per cent less mid-sized cars such as Ford Focuses were bought.

More than a million homes earning less than pounds 15,000 are set to suffer under the so-called "poll tax on wheels" because they drive older, more polluting pol·lute  
tr.v. pol·lut·ed, pol·lut·ing, pol·lutes
1. To make unfit for or harmful to living things, especially by the addition of waste matter. See Synonyms at contaminate.

2.
 cars that will be more heavily taxed.

Second-hand cars also lost value as duty on those registered since 2001 will rise, the Society of Motor Manufacturers and Traders The Society of Motor Manufacturers and Traders (SMMT) is the trade association for the United Kingdom motor industry. See also
  • British motor industry
External links
  • The Society of Motor Manufacturers and Traders official website
 said.
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Publication:The Mirror (London, England)
Date:Jun 6, 2008
Words:116
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