Remove Auto Remove Stimulus Remove Tax
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Beijing Wont Restrict Auto Purchases to Deal With Growing Congestion

Green Car Congress

The ministry attributed the rapid rise in vehicle numbers to the government’s stimulus policies, which included lower taxes on small-displacement automobiles, subsidies to replace old vehicles and subsidies to farmers buying vehicles. A total 16.7 Around 41% of the vehicles were cars and 51% were motorcycles.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Florida House Majority Leader Adam Hasner.

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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Tags: Inside Track EV Economics tax incentives legislation.

Florida 100
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. The rewards for successful execution will be great. Laura Marcero

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