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Porsche, Ferrari Cars Face $59,000 Gas-Guzzlers Tax in France

  • Europe’s second-largest car market plans big CO2-based levies
  • Governments worldwide try to speed demise of combustion engine
A Porsche 911 on a sculpture outside the automaker’s headquarters in Stuttgart, Germany.
A Porsche 911 on a sculpture outside the automaker’s headquarters in Stuttgart, Germany.Photographer: Andreas Gebert/Bloomberg

A draft budget law weaving its way through France’s parliament may force car shoppers to reconsider purchases of Porsche, Ferrari or Lamborghini models that guzzle gasoline.

The government in Europe’s second-largest auto market is planning to more than double the “malus” -- or penalty -- consumers must pay based on cars’ carbon-dioxide emissions to as much as 50,000 euros ($59,000) in 2022. The proposal would increase what already are the continent’s costliest taxes on polluting passenger vehicles.