Breaking
EURussia launches massive missile and drone barrage across UkraineKRCEO Jang Dong-hyuk holds an emergency meeting with parents and test takers... “Government Responsibility”FRMobilization of fishermen against the rise in fuel prices: several ports and depots blockedFREmmanuel Macron invites party leaders to a meeting on the international situationTRBIST 100 index increased led by bankingRUPamfilova said that the initiators of cyber aggression against the elections received a blow to the foreheadTRTrabzonspor's goal assurance Muhammed SalahFRThe EU offers Canada to become its first associate memberINTLJürgen Klopp announces first Germany squad as new head coachARClosing shops and stopping gas stations in Sudan amid a sharp decline in the currencyEURussia launches massive missile and drone barrage across UkraineKRCEO Jang Dong-hyuk holds an emergency meeting with parents and test takers... “Government Responsibility”FRMobilization of fishermen against the rise in fuel prices: several ports and depots blockedFREmmanuel Macron invites party leaders to a meeting on the international situationTRBIST 100 index increased led by bankingRUPamfilova said that the initiators of cyber aggression against the elections received a blow to the foreheadTRTrabzonspor's goal assurance Muhammed SalahFRThe EU offers Canada to become its first associate memberINTLJürgen Klopp announces first Germany squad as new head coachARClosing shops and stopping gas stations in Sudan amid a sharp decline in the currency
BackBGL warns of a threat to existence due to massive diesel price increases
BGL warns of a threat to existence due to massive diesel price increases
Developing
Spiegel Wirtschaft51 minutes agoBusiness1 min readGermanyView original

BGL warns of a threat to existence due to massive diesel price increases

Rising fuel costs following escalation in the Middle East are burdening German truck fleets with millions in additional costs.

Quick Look

  • After the Middle East escalation, diesel prices rose sharply, which, according to the BGL, is putting a massive burden on shipping companies and medium-sized businesses.
  • The association is calling for the abolition of double CO2 taxes and the introduction of commercial diesel.

AI-generated summary

Why It Matters

Since the recent escalation in the Middle East, the transport industry has seen drastic increases in fuel prices.

Font size

Since the recent escalation in the Middle East, the price of diesel has risen by around 60 cents per liter. With a monthly mileage of 10,000 km, this would result in additional costs of 1,800 euros per truck. For a vehicle fleet of 50 trucks, this means additional costs of over one million euros per year.

“These cost increases can hardly be borne by the companies alone,” writes BGL board spokesman Dirk Engelhardt. They often could not be passed on to clients or only partially. "The high diesel prices therefore endanger numerous medium-sized companies and weaken the competitiveness of the German economy."

Criticism of the proposal to reduce VAT

The association opposes the proposal by Economics Minister Katherina Reiche (CDU) to temporarily reduce VAT on fuels. This would not provide any immediate relief for companies that are allowed to deduct VAT from the tax office.

Instead, the BGL is pushing to abolish the double CO₂ burden on the German transport industry through national emissions trading and the CO₂ surcharge on the truck toll. He also calls for the introduction of commercial diesel modeled on other EU member states such as France, Spain and Italy. There, the energy tax for commercially used diesel will be reduced to the EU minimum.

Open Questions

  • How does politics react to the demand for commercial diesel?
  • Are the additional costs passed on to end consumers?

Related Topics

This article was originally published by Spiegel Wirtschaft.

Related Stories

More on this topicbgl