No further at(tax) on luxury car owners

Melbourne: The President and CEO of Mercedes-Benz Australia/Pacific, Mr Wolfgang D Schrempp, has welcomed the defeat of the proposed increase in the Luxury Car Tax from 25 to 33%.

“This is a fantastic outcome for our customers, the environment and road safety. We are always open to work with the Government and all stakeholders on environmental and road safety initiatives that will benefit the whole community. It is unfortunate that we as an industry had to go through a process in opposing this measure when the opportunity was always there for a good public policy outcome. We as a company are proud of our environmental and road safety reputation and initiatives. The lowering of emissions, fuel consumption, enhancing road safety and sustainable mobility will always be a central focus of our brand.” Schrempp said.

“The uncertainty and disruption caused by the Governments proposed LCT increase is now over. We have recently celebrated our 50th year in Australia and the aggressive investment plans we have for our retail network and the employment of thousands of Australians will continue without interruption.”

“The opportunity for all consumers to be able to freely choose the safest, most environmentally friendly vehicles without the impost of an unjust and illogical tax is to be welcomed. We will continue to work with the FCAI and the European Union in discussing with the Government the removal of the remaining 25% Luxury Car Tax which is clearly a false tariff and a roadblock to free trade and consumer choices.” Schrempp said.