July 3, 2008
The tax break for hybrids begins to phase out after a manufacturer sells 60,000 qualifying vehicles. Toyota and Honda have already reached that benchmark.
Tags: Honda Civic hybrid , hybrid tax credit, hybrids, Toyota Camry Hybrid , Toyota Prius
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By Mike Antich In today's economic environment, push-back is emerging at some companies about company-provided executive vehicle fleets. As the economy worsens and ever-increasing amounts of taxpayer monies are being used to prop up financially distressed companies, a negative perception is growing about executive compensation and the different perks tied into these compensation packages.
By Mike Antich Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.
By Mike Antich
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