Le Figaro

The president of the Republic, presented on 26 may, its plan to support the automobile sector. The decree of application of the envisaged measures has just been published. The bonus ecological as well as the premium to the conversion are for the time being “provisional” in six months : this is the case, for example, premiums and bonuses, which will close on 31 December 2020, the new premium to the conversion relating only to the 200,000 first vehicles. Side bonus is green, it goes from 6000 to 7000 euros for the purchase of an electric vehicle by a particular, and from 3000 to 5000 euros for a legal person (company or community). Moreover, the range of bonus green is expanded to include the purchase of a hybrid vehicle rechargeable (2000 euros).

read also : Aviation : what it is necessary to retain the plan of government at € 15 billion

This first series of measures has enough to leave on his hunger. Indeed, the inclusion of hybrid vehicles in the scope of the bonus green is necessarily a good decision, but the limited to only plug-in hybrid scratch a line all of the potential buyers urban living in the building. Apart from the hypothetical re-use in Paris of the terminals Autolib to connect, the device ignores the fact that most potential customers do not have a suburban habitat or parking lots equipped. So this is not very realistic.

in addition, if there were as at 1 April 245.964 electric vehicles and 66.803 plug-in hybrids, we should not delude ourselves on the presentation of statistics. In fact, the park of the hybrid non-refillable represented in 2019 an increase of +16% of sales (+106.780 vehicles), a stock of about 462.500 vehicles, about 6.9 times the stock of plug-in hybrids. If we wanted to orient in a huge demand on the hybrid it would have been better to do it on the hybrid non-rechargeable or kinetic.

vehicles top-of-the-range in the majority

But also, this bonus is subject to a ceiling on the value of the vehicle of 45,000 euros. This is a real bad news because of the profile of vehicles produced. In fact, hybrid vehicles or electric products in France are mostly high-end vehicles (out of the Renault Zoe) : we think of the Alpine A110 produced at the Dieppe factory, the 3008 hybrid in Sochaux, the DS 7 Crossback hybrid to Mulhouse. On the contrary, the smaller vehicles are primarily products outside of the Hexagon. Thus, the production of the Renault Clio, the Citroen C3, the Peugeot 208 is a party as the Renault Twingo in Slovenia, Renault Megane in Spain, etc, It follows that the support plan for the cars existing power and small hybrid is likely to contribute to the cars stored imported at the expense of the “Made in France”. The ceiling of 45.000 euros is counter-productive.

Side premium to the conversion count up to 3000 euros for a thermal vehicle and up to 5000 euros for a plug-in hybrid or electric. It is clearly a measure to rejuvenate the park by attacking the stock of 500,000 vehicles unsold (for a value of 10 billion euros) to victims of the Great Confinement. But then again the devil is in the details, since it is the income tax reference that is causing the problem. In effect, it limits the use of this bonus to households whose income tax reference (RFR) did not exceed 18,000 euros per share. As for individuals whose RFR exceed 18,000 euros, they will only have access to the old version of the premium, the amount of which and the conditions had been revised drastically in July 2019. The premium, in addition to being limited in time (31 December), will be limited in its target : no more than 200,000 vehicles… sales surplus will fall in the former device, less advantageous. To overcome this difficulty and show that the real target are the “rurbains”, communities which institueraient voluntarily a bonus of the premium to the conversion in the areas with low emission will be accompanied by the State will double this bonus within the limit of € 1000, without limitation as to time. So, it is a mechanism specific to rural areas, which is not intended for dense urban, where it would be needed the most. The criteria for disposal are extended to vehicles Crit’air 3 (gasoline prior to 2006 and diesel prior to 2011).

read also : The French car could take up to ten years to digest the crisis

In addition, the new premium to the conversion targets only very partially used vehicles, even as the French about four each year, in fact, the acquisition. Thus, the only eligible pre-owned vehicles thermal registered since September 1, 2019, which represents a small proportion of the fleet of vehicles.

Finally, the government puts in place, without the limitation of duration a premium for the transformation of a vehicle-driven heat engine battery electric or fuel cell vehicles. This enables “retrofit” always falls under the eligibility criteria of the income tax reference with 80% of the purchase price within the limit of € 5000, below, and 2500 euros beyond.

less powerful than in Germany,

The package of measures taken by the decree of may 30, 2020 does not impress. They are in any case much less powerful than those implemented in Germany (plan of 130 billion euros of 3 June) with the decrease of VAT from 19% to 16% to the normal rate until December 31, 2020 and increased bonus green for the purchase of an electric vehicle from 3000 to 6000 euros. In fact, the decrease of 3 percentage points of VAT the standard rate will mechanically lower the prices of the vehicles themselves over the entire fleet, instead of targeting the households of the most modest in attempting to solvabiliser their acquisition of smaller vehicles, little products in France (unlike the hybrid non-rechargeable : Toyota Yaris, etc). These measures will cover in addition to engine electrical but also thermal, while the devices introduced in France primarily target the electric vehicles, which are heavily subsidized so that they do not represent today only a small part of sales (2% of sales in 2019).

The French plan, too much try to categorize the acquirers, not redynamisera not the market once the stock of unsold exhausted.

Le Figaro

The Macronomètre, the observatory of reforms in the government, is a site of the Fondation iFRAP in partnership with Le Figaro. It is a tool dedicated to the assessment of the quinquennium of Emmanuel Macron: econometric evaluation in relation to its electoral programme and announcements of his government. With The Macronomètre, the action of the government is to be marked out of 10 each Wednesday prior to the council of ministers and becomes readable in a single glance. The Macronomètre allows each to make a notice on the holding or not of the promises of the president of the Republic and on the effectiveness of the reforms of the government.

The editorial team conseilleChômage part, act 2 : “Why impose so many rewards for businesses ?”Covid-19 : “In France, everything is done to make access to tests that are more complicated, “SujetLe MacronomètreAucun comment

there are currently no comments on this article.
Be the first to give your opinion !

I write a comment