Japan looking at new tax incentives for hybrids and EVs
Buyers of hybrid and electric vehicles in Japan could soon get a new break on the taxes they have to pay when buying a new car. Normally, buyers have to pay acquisition taxes that are a percentage of the purchase price and the weight of the car. A bill currently under consideration would completely waive those fees for hybrid/EV buyers and partially eliminate them for buyers of other fuel efficient vehicles. Sales of all cars have been lagging recently in Japan, just as they have in most other regions, so such incentives could help to stimulate sales. The Honda Insight just went on sale in Japan.
[Source: Green Car Congress]
Reader Comments (Page 1 of 1)
Max 8:37PM (2/08/2009)
Off-topic but.....the more I look at the new Prius, the more I like it !!!!!!!!!!!!!
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