Economy
Fuel escalation is causing concern and protests in several sectors.
The rise in fuel prices has sparked concern, alarm and protests in a wide variety of sectors of the Portuguese economy, from metallurgy and metalworking to passenger and freight transport, and from agriculture to distribution, quarries, timber and furniture.
Portugal is currently experiencing the highest diesel and gasoline prices in the past three years, and this week the sale price of fuel to the public has surpassed the € 2 / liter barrier for the first time at some petrol stations this week. service areas on highways.
A situation that is the result of a combination of factors, from constraints from major oil exporters to a surge in demand following containment during the pandemic and pressures felt throughout the supply chain, where prices have risen not only in the transport sector. but also in port operations and insurance.
Portugal is currently the sixth most expensive gasoline and seventh diesel among member states, according to the latest bulletin from the European Commission, and with consistent weekly increases in fuel prices, calls for a boycott of supplies and truck drivers are also admitting to protest.
Measures to minimize exposure
In this context, the government, through the voice of the Secretary of State for Fiscal Affairs, announced on Friday afternoon that it will refund, due to the increase in the amount of fuel, an amount that reaches 90 million euros (63 million for collected VAT and 27 million euros by rounding the ISP exemption).
“The government today decided to restore the tax refund model that it receives from the price of fuel. Due to the increase in the average selling price of fuel for the population, the government is charging an amount exceeding 60 million euros. VAT, and therefore this increase in ISP rates will be reflected in lowering ISP rates, ”a government official said Friday, adding that the move would“ reduce the cost of ISPs by two cents for gasoline and a cent for diesel ISPs, ”starting this Saturday.
Earlier last week, parliament approved, inter alia, a proposal for a bill by the executive branch that would allow it to administratively impose limits on fuel sales margins when they are deemed to be too high “for no reason.”
Metallurgy
This week, ahead of a government announcement, the Association for the Metals, Metalworking and Related Industries of Portugal (AIMMAP) demanded an immediate cut in rates and taxes on fuels and energy, warning that companies in the sector were becoming “unsustainable.” …
“Right now we are approaching the point where keeping companies afloat becomes irrational. The cost of raw materials, rising transportation costs, and skyrocketing fuel and energy costs have a direct impact on businesses. Our companies urge the Government to take a position to make one of the largest sectors of the Portuguese economy sustainable, ”said AIMMAP Vice President Rafael Campos Pereira in a statement.
Stressing that “a very significant portion of fuel and energy prices are related to fees and taxes,” the association complains that “the situation needs to be resolved and reversed immediately.”
Madeira
The president of the Portuguese Association of the Wood and Furniture Industries (AIMMP), Vitor Pozas, also said this week that increased fuel consumption is a “scourge” for the sector, driving down transportation and sawing and wood processing costs.
“Timber has a very high transportation cost, it is very expensive to transport it 100 or 200 kilometers, because the cost of transportation increases the price. With an increase in fuel by 50%, we will obviously reflect this on long journeys, ”he warned. Vítor Poças.
In addition, according to him, sawmills work a lot with tractors, forklifts and other equipment, “they all run on diesel fuel, which further damages” activities.
Stone
In a similar vein, the Granite Industries Association (AIGRA), headquartered in Vila Pouca de Aguiar, on Thursday called for an “urgent creation” of “professional diesel fuel” to help companies cope with rising fuel prices in Russia. Portugal.
Otherwise, he warned, “the companies will have to stop.”
In the transport sector, freight carriers are preparing to identify responses to rising fuel prices.
Carriers
“[…] In response to requests from ANTRAM member companies [Associação Nacional de Transportadores Públicos Rodoviários de Mercadorias] it was decided to change the theme of the annual congress, which will be held on October 29 and 30 next year, so that it will focus on analyzing and discussing the increase in fuel costs, and thus give a voice to the associative universe and together determine the necessary measures to respond to this crisis “- said the association on Wednesday after an emergency meeting.
Two days earlier, the Road Association of Heavy Passenger Carriers (ARP) asked the government to step in and warn that the sector could go bankrupt or start deliveries to Spain due to higher diesel prices.
“[…] The exponential increase in fuel prices, which today reaches values of about 1.60 euros (diesel fuel), limits the activities of companies, since this increase cannot be reflected in the cost of services provided, since, on the one hand, contracts have already been signed there that are not may be changed, and, on the other hand, an increase in the cost of services will lead to the removal of tourists, ”the association said.
For ARP, there is also an “incomprehensibly different attitude” towards heavy passenger transport and freight, given that buses have been “consistently denied” the benefits of professional diesel.
Cars
Alerts also came from emergency companies that the National Automobile Industry Association (ARAN) said are in danger of closing due to increased costs, without updating prices by tourist assistance companies.
According to the association, tugboats are experiencing “dramatic days” due to “exponential” growth in the costs of these activities, namely fuel, which accounts for at least 50% of the total costs of these companies.
Agriculture
In the agricultural sector, President of the Confederation of Portuguese Farmers (CAP) Eduardo Oliveira & Sousa warned that rising fuel prices are causing “a disaster in the Portuguese economy.”
“When all the products that are currently used in the agricultural sector are being recalled and released to the ground three months ago, with prices that were fixed three months ago, how can the costs of energy growth be mitigated, how did this happen?” he.
According to the CAP, between May and September, when farmers produced the most, the price of agricultural fuel rose by 60%, so the government should have reduced its price during the increase in production.
Distribution
In turn, Gonçalo Lobo Xavier, CEO of the Portuguese Association of Distribution Companies (APED), says that consumers have already begun to feel the impact of rising prices, especially when they buy food, and ensures that this cannot be avoided. escalation if the government does not impose fuel taxes
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Economy
Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners
OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.
“The Centodieci combines all the values of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.
This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.
This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.
Recall that each unit costs the owners eight million euros before taxes.
Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.
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Economy
The first Dacia hybrid. “The cheapest hybrid family on the market”
BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.
The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.
The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”
Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.
Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.
Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.
Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…
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Economy
See how Tesla tests its electric Semi truck in the worst-case scenarios
Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.
Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.
Tesla Semi is already on the market
Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.
To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.
Tests to prove its durability
It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.
This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.
high quality electric truck
Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.
Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.
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