Toyota tax credit cut in half |
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darkprime
New Slug Joined: 05 Jul 2006 Location: VA Status: Offline Points: 0 |
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Posted: 13 Feb 2007 at 3:06pm |
Not only that, but they release a great deal of smug into the air.
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ronin718
New Slug Joined: 30 Dec 2003 Location: VA Status: Offline Points: 0 |
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Don't rechargeable batteries get warm as they get powered up? Maybe global warming is being caused by the heat generated by all the hybrids running and getting re-charged? [8D]
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MDC
New Slug Joined: 04 Dec 2002 Status: Offline Points: 0 |
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Yeah right, Al.
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NoSUV
New Slug Joined: 14 Jan 2005 Status: Offline Points: 0 |
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Only part of the equation. Anyone read about global warming or do you just look at articles that discuss money? But a hybrid or get on the bus!
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MDC
New Slug Joined: 04 Dec 2002 Status: Offline Points: 0 |
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This will complicate NoSUV's life. The tax credit is one of the primary factors in his equation.
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Bob
New Slug Joined: 14 Dec 2001 Status: Offline Points: 0 |
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Good article in today's Wall Street Journal (Personal Journal) about the federal hybrid tax credit. Since Toyota has sold 60,000 hybrids, the tax credit is going to be cut in half starting Oct 1. (There is a 60,000 limit on the credit for each carmaker). For the Prius, the credit will be reduced from $3100 to $1550. Then after another 6 months it will be cut in half again. This is just for Toyota, since the other automakers haven't sold as many hybrids.
And Toyota management does not think the end of the credit will hurt sales. VERY interesting. Just what I have been saying. |
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