* UK - Demand for Euro 5 trucks set to grow
London,UK -Road Transport -5 April 2007: -- The chancellor's announcement that Euro 5 tractors are to be the subject of a £500 VED rebate from October will kill demand for Euro 4, according to Mercedes-Benz MD Ian Jones... Tony Pain, UK marketing director at DAF Trucks and chairman of the SMMT's Commercial Vehicle Manufacturer's Committee, is not so sure. He points out that the full £500 VED reduction is only likely to be available for tractors, with the amount of the rebate diminishing with the size of truck... With this in mind he believes that while "demand for Euro 4 tractors will diminish to quite a low level", Euro 4 could still prove popular with two- and three-axle rigids...
Labels: taxes policy
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