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tax breaks

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    Report: Detroit automakers pledge $2B investment after Michigan passes tax incentives     1288269000

    The Michigan Economic Growth Authority has approved a series of tax incentives for Ford and Chrysler and expanded previously approved incentives for General Motors. Between a tax break engineered to help GM build a 900-job electric-vehicle battery facility in Warren and another to keep 4,000 people ...

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    GM's RenCen headquarters in Detroit 'at risk' without tax credits?     1258498740

    According to The Detroit News, General Motors has gone on record as suggesting that without state tax credits designed to keep 2,500 employees ensconced at its Detroit Renaissance Center headquarters, the automaker could pull out of Motown's skyline and into the suburbs and surrounding areas. ...

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    UK government unveils £5,000 electric car incentive program     1239890520

    The UK government has announced a £250 million ($372M USD) incentive program designed to get more plug-in and electric vehicles on British roads. The heart of the program is rebates of up to £5,000 (nearly $7,500) for purchases of full electric or plug-in hybrid vehicles. This could be ...

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    Senator calls for tax incentives on all new-car sales     1226532720

    When automakers are throwing thousands of dollars of incentives on the hoods of their wares in an effort to stimulate sales, what good would another $1,500 on a $25,000 car do? As the recent sales numbers show, buyers aren't being taken in by the constant sounding of the "SELL SELL SELL!" klaxon. ...

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    City of Flint gives GM tax breaks for Cruze and Volt factory     1219962720

    Giveth, and taketh away, isn't that always the story? On the taketh away side, GM has recently lost a serious chunk of change. On the giveth side, The General received a $56 milion package of tax credits and grants to keep an SUV factory open in Ohio. It has also just received another package of ...

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    GM wants tax incentives to build Volt in Detroit     1212528660

    Click on the above image for a high-res gallery of the Volt Concept With both hands extended, General Motors has asked Detroit City Council members for tax breaks to ensure the highly-anticipated hybrid electric-powered Chevrolet Volt will be built in their city. This news comes on the heels of GM ...

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    Toyota asks Thai government for large hybrid tax breaks     1146605520

    Toyota's Thailand arm is lobbying the government for hybrid tax incentives. The nation's biggest automaker is hoping authorities will incentivize its Dual Synergy Drive hybrids with engines larger than 3.0-liters. For its part, the Thai government already allots a 10-percent excise tax on sub ...

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