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U.K. Joins France, Says Goodbye to Fossil-Fuel Cars by 2040

  • Tax changes could fund the air quality plans, govt suggests
  • Local authorities will be able to impose levies on diesel cars
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GAM's Howard Says Move to Electric Cars Inevitable

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The U.K. became the latest European country to mark the end of the line for diesel and gasoline fueled cars as automakers such as Volvo race to build electric vehicles or face the consequences of getting left behind.

In London, the government said it will ban sales of the vehicles by 2040, two weeks after France announced a similar plan to reduce air pollution and become a carbon-neutral nation. For some in the auto industry, the plans are too much too soon while environmental campaigners say exactly the opposite.