Toyota Having Strong Hybrid Sales
Hybrid Cars from Hybrid Hippie!
Toyota is making a name for themselves in the Hybrid game. Good this be a bad thing?
- Toyota this week is expected to announce it has sold 60,000 hybrids this year. Undoubtedly good news for Toyota in terms of revenue, but there’s just one problem. The U.S. government has been been offering $3,150 tax credits for each hybrid vehicle sold by a manufacturer, up to 60,000 units. The eligibility period began January 1, 2006 and would run until the end of 2010. After the 60,000-unit point, credits are cut in half to just $1575 for the next 6 months. Finally, incentives will be cut to just $787 for the final half-year.
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Toyota is making a name for themselves in the Hybrid game. Good this be a bad thing?
- Toyota this week is expected to announce it has sold 60,000 hybrids this year. Undoubtedly good news for Toyota in terms of revenue, but there’s just one problem. The U.S. government has been been offering $3,150 tax credits for each hybrid vehicle sold by a manufacturer, up to 60,000 units. The eligibility period began January 1, 2006 and would run until the end of 2010. After the 60,000-unit point, credits are cut in half to just $1575 for the next 6 months. Finally, incentives will be cut to just $787 for the final half-year.
Read more
posted by Car Boys Media @ 9:58 AM
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