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New Japanese tax breaks prompt Nissan to add ECO series

New tax breaks for vehicles that exceed the 2010 Japanese fuel efficiency standards by a significant amount have prompted Nissan to create a range of ECO series models. Exceeding the standards by at least 15 percent gets the buyer a 50 percent reduction in vehicle taxes while doing 25 percent better than required cuts the tax by three quarters. Nissan's first new clean diesel, the X-Trail, qualifies for going completely tax free thanks to its 35.8 mpg (U.S.) rating on the Japanese urban cycle. A total of 13 models will comprise the ECO ... Read more →

Japan restructuring taxes, halts duties for eco-friendly cars Jeremy Korzeniewski

Japan's in just as tough a financial position as any other industrialized country in the world. With an aging population and a dwindling sum to pay out social security, the Japanese government is ...

New Japanese tax breaks prompt Nissan to add ECO series 8 months ago on Autoblog Green

Japan restructuring taxes, halts duties for eco-friendly cars 11 months ago on Autoblog Green

Japan's in just as tough a financial position as any other industrialized country in the world. With an aging population and a dwindling sum to pay out social security, the Japanese government is working on new taxing schemes to bring in extra revenue. Unfortunately, that's a tough sell in an ...

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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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