Categories: Business

Motorway tolls: Vinci Autoroutes announced a 2.7% hike on February 1

Annual increases in motorway tolls traditionally occur every 1st February. In late November, then transport minister Clement Beaune assured that it would average “less than 3%” in 2024.

Vinci, which operates 4,443 km of motorways in France through various companies, is the largest concessionaire in the sector. Its competitors have not yet disclosed their prices, which must be published in the official journal after approval by public authorities.

“On February 1, motorway toll prices on the Vinci Autoroutes network will increase by an average of 2.7%, an increase one point below reference inflation, and which will be the lowest in the sector,” the company said. Press announcement.

In addition to inflation, which reached 3.87% in the reference period (12 rolling months ending at the end of October 2023), the increase in motorway prices is calculated based on the concession companies’ investment plans.

Mr Vinci assured in November that a new tax on long-distance transport infrastructure, including motorways, planned in the 2024 budget would result in a 5% increase in tolls, which was rejected by Mr Byun at the time.

On Wednesday, Vinci Autoroutes highlighted the fact that “most daily journeys will not increase” on its networks this year.

According to the company, “80% of journeys under 30 km, and 60% of journeys under 50 km, as well as all bypass routes in the 35 urban areas served by the Vinci Autoroutes network, will benefit from this move in favor of daily commuting – especially home-to-work.”

In addition, subscribers to certain Ulys electronic toll badge offers “will be able to benefit from a 30% reduction on all journeys on their preferred route, out of 10 round trips made during the month, without mileage limit”, Vinci pointed out.

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