France to increase tax on high-emission cars - paper

Reuters

PARIS (Reuters) - France is to raise the maximum levy on purchases of cars with high emissions to 8,000 euros from 6,000, a measure that could bring in 100 million euros (83.9 million pounds) in tax receipts next year, newspaper Les Echos reported.

The new measure is also expected to include a curb on subsidies for low-emission vehicles, the newspaper said in a preview of its front page due to be published on Tuesday, without citing its sources.

The two-pronged system was introduced in 2008 under former president Nicolas Sarkozy in a bid to promote the sale of vehicles with low emissions.

(Reporting by Lionel Laurent; editing by David Evans)

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