Latest news with #vehicleRegistration
CTV News
9 hours ago
- Automotive
- CTV News
Ontario premier vows action on inspecting possibly stolen vehicles after W5 investigation
W5's Jon Woodward investigates what provinces are doing to ensure vehicle registration systems can catch stolen and re-vinned cars before they're sold.
Daily Mail
28-05-2025
- Business
- Daily Mail
EXCLUSIVE New ute and SUV tax proposed in Australia to help fight climate change
Experts are calling for owners of large vehicles to pay higher registration fees to account for the damage they do to the environment and roads. SUVs and light commercial vehicles comprise nearly four in every five new vehicles sold in Australia and account for the vast majority of emissions, road wear and take up more space. As recently as 2014, small cars and family sedans dominated the ten most popular cars bought by Australian consumers. Ten years later, large cars comprised nine of the top ten most purchased vehicles in 2024. Milad Haghani, an associate professor in urban resilience at the University of Melbourne says it's time for Australia to consider vehicle registration fees based on weight - meaning SUV and ute owners would pay more. 'Bigger cars mean bigger costs for everyone else - it's only fair those costs are reflected in how we price their use of public roads. 'Larger vehicles – no matter how they are powered – generally impose bigger costs on society than smaller cars. 'Large SUVs and utes (if powered by fossil fuels) have a far greater climate impact. On average, a small car emits 2,040 kilograms less carbon dioxide (CO₂) a year than a pickup truck. 'Bigger vehicles also need more space. Standards Australia has proposed making car-parking spaces larger to accommodate the trend to larger cars. Cities such as Paris have introduced higher parking fees for SUVs on these grounds.' He also said larger vehicles slow overall traffic flow. Mr Haghani believes state-based registration fees have failed to keep up with the trend towards bigger and heavier vehicles. Vehicle registration is an annual fee paid by road users to allow the government to recoup administrative costs and wear on public infrastructure. It is calculated in different ways between states and territories. In Victoria, for example, it is calculated primarily based on whether the vehicle was registered in a rural or metropolitan area while, in the ACT, it is derived from the vehicle's emissions. 'I absolutely cannot fathom why registration fee calculations should be so vastly different across states,' Dr Haghani told Daily Mail Australia. 'It's as though we collectively know what the contributing factors are; the reasons we pay rego in the first place, the costs it's meant to offset; but each state has cherry-picked just one of those elements to focus on. Emissions alone don't tell the whole story. Neither does your postcode.' Dr Haghani said a fair vehicle registration model would account not only for the size and weight of the vehicle, but how often it is driven in order to offset road surface damage, emissions and congestion impacts. Adjunct professor in Engineering at the University of Technology, Sydney Robin Smit agreed but added a fair change would go beyond a review of the registration system. 'There are several aspects to consider (e.g. safety, parking space, road damage), but from an emissions perspective it is important to look at the impacts over the whole vehicle lifecycle to ensure a fair comparison is made,' he said. Larger vehicles tend to emit more carbon than smaller vehicles, they require more fuel and do more damage to roads. A one-tonne vehicle has been estimated to do approximately 16 times the damage to roads than a vehicle half its weight while pickup trucks emit roughly 2,040kg of carbon dioxide more per year than small cars. Research suggests Australians are buying bigger cars for multiple reasons including tax incentives, a perception of greater safety and lifestyle. Dr Haghani revived calls to put an end to a luxury car tax loophole that critics claim incentivises roadusers to buy big. Research published last year by the Australia Institute found the Luxury Car Tax, introduced in 2000 to protect the domestic car industry, has the effect of subsiding luxury utes. In 2023 alone, the tax break cost Australians over $250 million in foregone revenue according to the think tank. The tax puts a 33 per cent tax on the value of any imported car over a certain threshold - this financial year it applies to vehicles valued at more than $80,576. However, the tax does not apply to commercial vehicles, making it cheaper to buy an imported ute than a similarly priced sedan or small vehicle. 'With this current system, why wouldn't consumer go for a bigger, heavier option?' Dr Haghani said. 'They have already been subject to the commercials that have depicted them as "cool" and "family friendly" and all that, so of course there is every incentive (financial and psychological) to go big (and also match the size of the big cars around you and not feel vulnerable).'
Times of Oman
10-05-2025
- Automotive
- Times of Oman
More than 1.7 million vehicles are registered in the Sultanate of Oman
Muscat: The number of vehicles registered in the Sultanate of Oman by the end of March 2025 reached 1,776,642, according to the statistics issued by the National Centre for Statistics and Information (NCSI). The registration of private vehicles amounted to 1,407,472 representing 79. 2 % of the total vehicles registered. The commercial registration of vehicles amounted to 261,527, representing 14.7 % , the number of rental cars registered amounted to 40,678, representing 2.3 % and the taxis registered amounted to 28,307 representing 1.6 %. The number of vehicles weighing less than three tonnes amounted to 1,612,032, representing 90.7% of the total vehicles registered in the Sultanate of Oman.
Entrepreneur
06-05-2025
- Automotive
- Entrepreneur
Vehicle Registration in April Recorded Around 3% Growth: FADA
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. As many as 2.29 million vehicles were registered in April in India, recording a 3 percent year-on-year growth. The vehicles registered in the same period last year were 2.22 million, according to data collated by industry body FADA and the road ministry's VAHAN portal. As per the data, the increase in registration was due to a modest rise in sales in the passenger vehicle and two-wheeler segments. The commercial vehicle registrations, however, recorded a decline from the previous month's 94,764 units to April's 90,558 units. The passenger vehicle sales showed Y-o-Y growth of 1.55 per cent, while two-wheeler sales increased by 2.3 per cent. In March 2025, the two-wheelers recorded a sale of 1.51 million units, whereas in April, the sale grew to 1.69 million. According to industry experts, the two-wheeler industry's overall volume in FY2025- 26 is likely to overtake the previous high of 21-24 million units in FY2019 before the COVID-19 pandemic hit. "For FY2025- 26, lower interest rates on loans translate into reduced EMI for consumers and will enhance the affordability of two-wheelers. The savings from income tax rebates will also positively affect consumer sentiments. Overall growth momentum in the domestic market, we are expecting, is likely to be positive like last year," KN Radhakrishnan, director and chief executive officer, TVS Motor, had said during the earnings call. The positive outlook was also seen in the retail sales of three-wheelers and tractors. While three-wheelers' retail sales recorded a growth of 25.5 per cent, tractors reported 7.6 per cent growth. In contrast, retail sales of commercial vehicles saw a dip of 1.05 per cent, falling to 90,558 units from 91,516 units in April 2024. In the coming months as well, commercial vehicles are likely to trade flat, weighed down by a high-base effect, slower e-commerce activity, and intensifying competition from electric three-wheelers. "April's commercial vehicles segment faced a 1.05 per cent Y-o-Y decline and a 4.44 per cent M-o-M contraction following OEM-led price increases against stagnant freight rates and fleet utilisation. Dealer feedback highlights that advance purchases in March resulted in elevated carryover stocks, while holiday calendars dampened fresh enquiries and delayed conversions, particularly in the SCV cargo category, where price and product gaps have weighed heavily. Conversely, the bus segment exhibited resilience, underpinned by strong school-transport and staff-mobility demand. Although financing availability remains broadly stable, enhanced support for first-time users will be critical to reignite momentum," said C S Vigneshwar, president, FADA. Overall, the auto Industry will need to balance demand amid event-driven tailwinds against customer-level liquidity constraints and seasonal softness to sustain momentum in the coming months. "May's agricultural cycle is concluding on a strong note, underpinned by healthy crop prices and robust mandi procurement. The IMD's forecast of an above-normal southwest monsoon bodes well for rural incomes, farm-sector growth, and downstream demand, while a well-distributed rainy season is critical to containing food inflation. At the same time, Kantar's Rural Barometer and GroupM data signal heightened consumer selectivity in rural India— household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases. Meanwhile, the Reserve Bank's recent bond purchases are set to inject surplus liquidity into the banking system, paving the way for lower lending rates and enhanced auto-loan affordability," said Vigneshwar.
