Cars
President Barack Obama is determined to make cars in the U.S. as clean as possible. After reaching an agreement with major manufacturers about the 54.5 mpg CAFE target set for 2025, he now plans to increase the federal income tax credit for alternative fuel-powered cars.
- New Ford C-max Energi Plug-in Hybrid Starts At $29,995 After A Federal Tax Credit, Targets Prius V
With the Toyota Prius V Plug-in Hybrid clearly in its sights, Ford's new C-MAX Energi will arrive in dealerships across the United States this fall with a starting price of $33,745 before a $3,750 federal tax credit and additional tax credits up...
- Nissan Announces U.s. Pricing For Leaf Ev, Buy From $25,280, Lease From $349
The all-electric Nissan Leaf will sell for $25,280 (about €18,800) including federal tax credits, the Japanese automaker announced on Tuesday, making it more expensive than conventional gasoline/diesel or hybrid cars. The actual MSRP (not including...
- 2010 Ford Fusion And Mercury Milan Hybrids Qualify For $3,400 Tax Credit
FoMoCo has announced that the new mild-hybrid versions of the 2010 Ford Fusion and Mercury Milan qualify for a $3,400 tax credit from the federal government. The American automaker claims that this is the highest credit amount ever offered for hybrids...
- Mercedes-benz's Diesel Cars Get Irs Tax Credit Approval Up To $1,800
Just a couple of weeks before Mercedes-Benz rolls out its new line-up of BlueTEC diesel vehicles, the U.S. Internal Revenue Service (IRS) granted the German automaker the Qualified Alternative Motor Vehicle Credit, qualifying the ML 320 BlueTEC, R 320...
- Vw’s Jetta Diesel Models Eligible For $1,300 Tax Credit
The Internal Revenue Service – IRS for short, has issued a certification letter affirming that Volkswagen’s new Jetta TDI diesel-powered Sedan and Sportwagen models qualify for the Advanced Lean Burn Technology Motor Vehicle income tax credit....
Cars
U.S. Government wants to Increase Clean Car Federal Tax Credits to $10,000
President Barack Obama is determined to make cars in the U.S. as clean as possible. After reaching an agreement with major manufacturers about the 54.5 mpg CAFE target set for 2025, he now plans to increase the federal income tax credit for alternative fuel-powered cars.
The proposal, which is included in the 2013 budget, raises the maximum credit by as much as US$2,500 for certain plug-in models. Currently, the maximum tax credit is US$7,500.
Under the provision, vehicles with a MSRP of US$45,000 and above would received up to US$7,500, while models below that price would be eligible for the full US$10,000 credit.
Read more »- New Ford C-max Energi Plug-in Hybrid Starts At $29,995 After A Federal Tax Credit, Targets Prius V
With the Toyota Prius V Plug-in Hybrid clearly in its sights, Ford's new C-MAX Energi will arrive in dealerships across the United States this fall with a starting price of $33,745 before a $3,750 federal tax credit and additional tax credits up...
- Nissan Announces U.s. Pricing For Leaf Ev, Buy From $25,280, Lease From $349
The all-electric Nissan Leaf will sell for $25,280 (about €18,800) including federal tax credits, the Japanese automaker announced on Tuesday, making it more expensive than conventional gasoline/diesel or hybrid cars. The actual MSRP (not including...
- 2010 Ford Fusion And Mercury Milan Hybrids Qualify For $3,400 Tax Credit
FoMoCo has announced that the new mild-hybrid versions of the 2010 Ford Fusion and Mercury Milan qualify for a $3,400 tax credit from the federal government. The American automaker claims that this is the highest credit amount ever offered for hybrids...
- Mercedes-benz's Diesel Cars Get Irs Tax Credit Approval Up To $1,800
Just a couple of weeks before Mercedes-Benz rolls out its new line-up of BlueTEC diesel vehicles, the U.S. Internal Revenue Service (IRS) granted the German automaker the Qualified Alternative Motor Vehicle Credit, qualifying the ML 320 BlueTEC, R 320...
- Vw’s Jetta Diesel Models Eligible For $1,300 Tax Credit
The Internal Revenue Service – IRS for short, has issued a certification letter affirming that Volkswagen’s new Jetta TDI diesel-powered Sedan and Sportwagen models qualify for the Advanced Lean Burn Technology Motor Vehicle income tax credit....