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Originally Posted by smoo
Except Toyota appear benefit from the scheme with their current line up and sales?
Does anyone know how vehicles are will be priced once this comes into place?
What will this do to Mazda, Ford, Isuzu RRPs?
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One assumes they'll pass on the costs to consumers through RRP rises on all their products,
The OEMs start paying fines, but it wont happen for a while.
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If a car maker cannot lower its interim emissions value for a given year to zero or less, it will be fined by the Federal Government at an indexed rate of $100 per gram per kilometre of CO2 each vehicle sold is over the limit.
Will the NVES increase car prices?
The NVES does not mandate the prices of new cars, and the fines handed out by the Federal Government for manufacturers that don’t meet the targets are issued to car makers, not customers.
However, a number of top-selling car makers have already admitted they will need to pass any potential fines they are hit with onto the consumer in the form of vehicle price rises.
As mentioned above, car companies are in business to make money – and paying government fines hurts their profit margins, or could see them lose money.
One option to keep high-pollution vehicles on sale is to pass NVES emissions fines onto the customer in partiality – or their entirety – as a price rise at the point of sale. It makes vehicles less attainable for customers, but those that can afford them can still buy one, and the car maker can continue to turn a profit.
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Given everyone leases new cars these days and you only see a 'weekly cost' you pay, does anyone actually care if the Ranger went from say $70,000 up to $120,000 as an example? It just means the ones trying to keep up with the joneses pay maybe a few hundred bucks more a week on the lease and thats about it, we've also got a two speed economy (at least in Melbourne), there's still a lot of money around for new vehicle purchases and there's people in abject poverty struggling to put food on the table.
They've thrown a bone to Ford Australia and Isuzu because they've put less stringent targets on LCVs, I believe the Everest is about to make a change into the LCV category too with some paper engineering
