Trailer RV Hitch Covers Industry: France
February 14th, 2008 | by admin |France is the biggest producer of trailer hitch covers in Europe, thanks to the large volume of car-derived vans produced by Renault and the Peugeot group which includes Citroen. The importance of the light van sector in the French vehicle market stems from the structure of vehicle taxation with a much higher rate of Value Added Tax applied to passenger cars than to small vans. The French VAT rate on cars was lowered to 28 per cent last year from 33.3 per cent, but it is still much lower than the 18.7 per cent levied on small vans.
