Japan Will Provide 3 More Years of Tax Breaks for Green Cars
12 Dec 2011, 12:52 UTC · By: Mihnea Radu / The strong yen is putting extra pressure on the once mighty Japanese automotive industry, making exports highly uncompetitive. With an eye on the future and a nothing better to do in order to help t...
GM Could Get $45 Billion Tax Break
4 Nov 2010, 09:36 UTC · By: Mihnea Radu / GM Could receive a tax brake of up to $45 billion dollars despite its recent bankruptcy, say Wall Street Journal sources. Despite having cost the U.S. government billions of dollars in bail-out mone...
UK Gives Important Tax Breaks to Electric Cars
10 Dec 2009, 08:29 UTC · By: Alex Vasile / UK is taking another big step in supporting electric car sales. In order to encourage companies to opt for electric car fleets, all EVs will receive a five-year tax break from the benefit-in-kind pe...
Small Business Tax Ends in Five Weeks
26 Nov 2009, 16:04 UTC · By: Daniel Patrascu / The Small Business tax break stimulus package set in place by the Victoria government will come to an end in less than five weeks. As a consequence, the lead Automotive Industry body in the state, V...
German Scrapping Scheme Coming to an End
25 Aug 2009, 09:42 UTC · By: Daniel Patrascu / German authorities yesterday announced there will be no extension to the country's scrappage scheme past the funding currently allocated. Additionally, no alternative scheme is being planned, g...
US Expands New Car Tax Break to All 50 States
12 Jun 2009, 09:17 UTC · By: Daniel Patrascu / The fight to get the auto sector back on track in the US is getting more aggressive, as the US Treasury Department announced today it will expand the offer of a tax break on new car sales to states ...