New posts

Reply to thread

Message

"On the weekend the Federal Government announced it would consult with industry and the wider community on its proposed New Vehicle Efficiency Standard (NVES).

This consultation sets out the Federal Government's preferred model to calculate the Efficiency Standard for new motor vehicles sold in Australia (passenger and light commercial vehicles). Essentially manufacturers will need to meet an average emissions target over their entire fleet, and will earn credits for being below, and pay a penalty if above.

It is clearly one of the most important decisions in Australia's automotive history.

"With cost of living front of mind for all households, the Motor Trade Association has reminded decision makers that affordability will remain one of the top considerations for Australians when purchasing their next vehicle."

[URL unfurl="true"]https://www.infrastructure.gov.au/sites/default/files/documents/cleaner-cheaper-to-run-cars-the-australian-new-vehicle-efficiency-standard-consultation-impact-analysis-february2024.pdf[/URL]

<blockquote data-quote="JohnDe" data-source="post: 1263847" data-attributes="member: 80862">&quot;On the weekend the Federal Government announced it would consult with industry and the wider community on its proposed New Vehicle Efficiency Standard (NVES).

This consultation sets out the Federal Government&#039;s preferred model to calculate the Efficiency Standard for new motor vehicles sold in Australia (passenger and light commercial vehicles). Essentially manufacturers will need to meet an average emissions target over their entire fleet, and will earn credits for being below, and pay a penalty if above.

It is clearly one of the most important decisions in Australia&#039;s automotive history.

&quot;With cost of living front of mind for all households, the Motor Trade Association has reminded decision makers that affordability will remain one of the top considerations for Australians when purchasing their next vehicle.&quot;[URL unfurl=&quot;true&quot;]https://www.infrastructure.gov.au/sites/default/files/documents/cleaner-cheaper-to-run-cars-the-australian-new-vehicle-efficiency-standard-consultation-impact-analysis-february2024.pdf[/URL]</blockquote>

[QUOTE="JohnDe, post: 1263847, member: 80862"] [INDENT][I]"On the weekend the Federal Government announced it would consult with industry and the wider community on its proposed New Vehicle Efficiency Standard (NVES).[/I][/INDENT] [INDENT][I][/I][/INDENT] [INDENT][I]This consultation sets out the Federal Government's preferred model to calculate the Efficiency Standard for new motor vehicles sold in Australia (passenger and light commercial vehicles). Essentially manufacturers will need to meet an average emissions target over their entire fleet, and will earn credits for being below, and pay a penalty if above.[/I][/INDENT] [INDENT][I][/I][/INDENT] [INDENT][I]It is clearly one of the most important decisions in Australia's automotive history.[/I][/INDENT] [INDENT][I][/I][/INDENT] [INDENT][I]"With cost of living front of mind for all households, the Motor Trade Association has reminded decision makers that affordability will remain one of the top considerations for Australians when purchasing their next vehicle."[/I][/INDENT] [URL unfurl="true"]https://www.infrastructure.gov.au/sites/default/files/documents/cleaner-cheaper-to-run-cars-the-australian-new-vehicle-efficiency-standard-consultation-impact-analysis-february2024.pdf[/URL] [/QUOTE]

Verification