Skip to Content

PartidoVerde


Mexico considers hybrid tax exemption

It's been 40 years since Mexico began taxing vehicles. Originally, the money was meant to fund the Olympic Games that took place there in 1968, but the income has apparently proven indispensable as it's still collected to this day. If proposed legislation from the Partido Verde Ecologista (a.k.a. the Mexican Green Party) passes, though, hybrid vehicles may soon be exempted from that tax plus the 15-percent consumption tax. In contrast, older, larger and more polluting cars would be subject to a tax increase. Meant to increase sales of ... Read more →

No Content Style Defined.

Featured Galleries

  • 1 Liter Racing League
  • Suzuki Alto in Global Green Challenge
  • Proterra Electric Bus
  • Local Motors Rally Fighter
  • 1916 Woods Dual Power Model 44 Coupe
  • Audi Avatar
  • Global Green Challenge Tesla Roadster goes 313 miles
  • Meyers Motors NMG
  • Cozmo NEV
  • Tokyo 2009: Suzuki Swift PHEV
  • Tokyo 2009: Suzuki SX4-FCV
  • Honda mobility devices

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum