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The government raises the first registration tax and license fee for cars. Car dealers: Livelihood damage appeals for one year postponement

2021-03-15T04:37:26.691Z


The government announced the "Budget" earlier, announcing an immediate increase in the first registration tax and license fee for automobiles to ease traffic congestion, which made car dealers and owners dissatisfied. Today (15th), a number of car dealer representatives held a press conference.


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Written by: Huang Weilun

2021-03-15 12:25

Last update date: 2021-03-15 12:25

The government announced the "Budget" earlier, announcing an immediate increase in the first registration tax and license fee for automobiles to ease traffic congestion, which made car dealers and owners dissatisfied.

Today (15th), a number of car dealer representatives held a press conference to oppose the price increase.

Li Yaopei, president of the Hong Kong Automobile Association, criticized the government's unwise move, believing that the congestion stems from road planning that cannot keep up with population development, and that the population continues to develop to the northwest, making private cars a necessity for many people.

The industry suggests that the government should postpone fare increases for one year and set up a team to study with the industry how to solve the problem of traffic congestion.

The government announced earlier that it would increase the first registration tax for private cars by 15% and the license fee by 30%.

Today, 15 automobile trade associations and federations held a call to oppose the price increase under the epidemic, believing that it will further hit the livelihoods of nearly 40,000 families in the industry.

Li Yaopei said that traffic congestion stems from road planning that cannot keep up with population development. In recent years, the population has also developed to the northwest. However, the lack of public transportation facilities has made private cars a necessity for the public.

He also approved that the government will "a size fits all" to increase the price to cover electric vehicles, and miss the opportunity to encourage citizens to switch to electric vehicles.

Li Yaopei criticized the government for "one size fits all" the increase in prices to cover electric vehicles, and missed the opportunity to encourage citizens to switch to electric vehicles.

(Photo by Lu Yiming)

The Legislative Council’s wholesale and retail sector member Siu Ka-fai said that between 2018 and 2020, the sales of private cars have fallen year-on-year. If the sales of electric vehicles are excluded, the sales of traditional cars will reach 22.5% in real terms.

He believes that increasing taxes and license fees is not a solution to congestion, and that the automobile industry has been greatly affected by the epidemic. The current price increase has made the situation worse.

The industry suggests that the government should postpone the increase for one year and discuss with the industry how to effectively solve the traffic congestion problem, such as the serious lack of parking facilities in recent years; outdated traffic measures, supporting facilities, and road designs; poor management of public vehicle schedules, and three Uncoordinated tunnel charges, etc.

Shao Jiahui believes that tax increases and license fees are not the solution to congestion, and the auto industry has been greatly affected by the epidemic, and the current price increase has made the situation worse.

(Photo by Lu Yiming)

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Budget|The economic gap plus the private car registration tax and license fee Chen Fanjian calls it the right time

Budget | Automobiles will denounce the increase in license fees and other improper timing. Traffic congestion is due to outdated policies

Budget | The industry points out that there are Tesla cars in the low-cost electric car market that can be exempted from registration tax

Adding the first registration tax|The tax for a new car of more than RMB 725,000 is more expensive than the price of an electric car?

Private license plate fee increased by 30% in order to relieve traffic jams, car owners scolded the practice, idiots approved the fiscal deficit to attack the car owners

Budget | Roadmap for the popularization of electric vehicles will be promoted to stop new registration of petrol vehicles by 2035 at the latest

Budget │Private car first registration tax increased by 15%, license fee increased by 30%

01News

Auto Industry Budget 2021

Source: hk1

All news articles on 2021-03-15

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