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REPORT: Toyota to ask Japanese government to extend green car incentives

It comes as little surprise that Toyota would want the Japanese government to extend its current series of green car incentives past their scheduled ending date of March, 2010. After all, the automaker has seen sales of its latest hybrids skyrocket in its home market, and much of that success has been attributed to the generous tax incentives levied on hybrid vehicles in Japan along with relatively high gas prices. For instance, Toyota sold an impressive 22,292 Prius hybrids in the month of June in Japan, and some buyers are adding ... Read more →

Japan becomes world's largest market for hybrids in June Jeremy Korzeniewski

Hybrid sales are taking off in Japan due to a perfect storm of newly available vehicles – namely the latest Toyota Prius and Honda Insight – and government-sponsored incentives. In ...

REPORT: Toyota to ask Japanese government to extend green car incentives 3 months ago on Autoblog Green

Japan becomes world's largest market for hybrids in June 5 months ago on Autoblog Green

Hybrid sales are taking off in Japan due to a perfect storm of newly available vehicles – namely the latest Toyota Prius and Honda Insight – and government-sponsored incentives. In Japan, gas is currently selling for about $4.50 a gallon, partly due to high fuel taxes in that ...

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Guide to Common Green Acronymns

CAFE – Corporate Average Fuel Economy. A system used in the U.S. to define mileage requirements of new vehicles.

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