Peugeot lifts prices due to CO2 tax

Peugeot South Africa has increased its prices from today in reaction to the implementation of a CO2 emissions tax on new passenger cars.

The emissions tax is calculated based on a threshold of 120 g of CO2 per kilometre. Vehicles with a CO2 emissions rating exceeding the threshold will attract a tax of R75 for every gram of CO2 above the 120 g/km limit.

“While we make every effort to price our products competitively, we have had to incorporate the emissions tax in the retail prices of those Peugeot vehicles exceeding the 120 g/km CO2 emissions threshold,” says Jean Francois Bacos, managing director of Peugeot Motors South Africa.

“However, we are pleased to be able to offer local consumers two Peugeot models that fall below the emissions threshold, and therefore do not attract any additional taxes.

“Our Peugeot 107 urban runabout has already proven itself as a popular and frugal city commuter, with its 1,0-litre three-cylinder engine offering peppy performance linked to economical running costs and low CO2 emissions.

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