Japan looking at new tax incentives for hybrids and EVs
Auto Blog: EV/Plug-in , Hybrid , Legislation and Policy , Japan 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 ] Japan looking at new tax incentives for hybrids and EVs originally appeared on AutoblogGreen on Sun, 08 Feb 2009 10:58:00 EST. Please see our terms for use of feeds . Car Blog Green|Car Blog Green|Car Blog Green|Car Blog Green
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Japan looking at new tax incentives for hybrids and EVs
Germany will go with CO-based car tax in July
Auto Blog: Legislation and Policy , Germany Photo by laurenatclemson . Licensed under Creative Commons license 2.0 . It’s been a long , hard fight in the German Reichstag to get to this day. After all kinds of vociferous opposition from the big German automakers, it looks like the German government will finally implement an automobile tax based on a vehicle’s CO 2 -emissions . With this move, which Bloomberg says the ruling coalition has agreed on, Germany joins the dozen EU countries that have passed similar laws. AutoNewsWire says that the taxes will be based on the vehicle’s engine size and the CO 2 emissions. Der Spiegel found Green Party members who are not happy with the new taxes. One said that, it is “a classic case of deceptive packaging. It is labelled ‘climate protection.’ But in fact it doesn’t do much to change the status quo.” The reason is that, while taxes will go down for purchases of small cars, the new tax rates are pretty much the same as they have been for larger, thirstsier vehicles. [Source: Der Spiegel , Bloomberg , AutoNewsWire ] Germany will go with CO 2 -based car tax in July originally appeared on AutoblogGreen on Wed, 28 Jan 2009 13:35:00 EST. Please see our terms for use of feeds . Car Blog Green|Car Blog Green|Car Blog Green|Car Blog Green
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