Diesel Tax: German Premium Brands Fear Losing Market Share

Germany has raised concerns about the impact of EU proposals calling for increase in taxes on high-energy fuels - such as diesel - by 2013 on its car industry. The European auto association ACEA estimates that over half of all vehicles sold in the region use diesel - a trend which has favoured German premium vehicle manufacturers such as BMW and Daimler and Audi. Germany is concerned the regulation could speed the shift in consumer preference towards small cars - which generally run on gasoline - and alternative fuel cars and result in these firms losing their market share in

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