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taxbreak

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    Senator calls for tax incentives on all new-car sales
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    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
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    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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    All VW and Mercedes diesels eligible for tax credit
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    We knew last month that the Jetta TDI was qualified for the tax credit. Now, word is out that all of the new-generation clean diesels for Volkswagen (TDI) and Mercedes-Benz (Bluetec) will be joining the elite handful of vehicles that qualify for a federal alternative-powertrain tax credit. Formerly ...

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    McCain backs $5000 tax break for Volt, others
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    Presumptive Republican nominee for President, John McCain has wrapped up his tour and speaking engagement at General Motors, where the Arizona Senator discussed the U.S.'s current fuel situation and the proliferation of electric cars. Addressing the General's assembled workers, McCain said, "I ...

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    GM wants tax incentives to build Volt in Detroit
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    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
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    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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