Subsidies and tax breaks for company cars in Europe cost €32bn a year, a hangover from the days when governments were happy to encourage driving. Chris Bowers at T&E reviews a study that explores the issue in a wide range of European nations and reveals that 96% of company cars are petrol and diesel. As an indicator of the scale of emissions, the study says Europe’s 10 largest leasing companies alone – which include BMW’s Alphabet and … [Read more...]
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