Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Tax Breaks for Hybrids Likely to Die

November 12, 2002

A two-year effort to offer enhanced tax breaks and rebates to consumers and companies who purchase vehicles with energy-saving technology will most likely die when Congress adjourns in late November, according to the Detroit News.While the Republican takeover in the Senate could produce a friendlier tax code when lawmakers return in January 2003, the latest delay will be a disappointment for automakers, the News said.Major automakers and a coalition of environmental groups have endeavored since the early days of the Bush administration to make auto tax credits a key part of a new U.S. energy plan, according to the News.
Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Business Fleet is a monthly publication directed to businesses that manage fleets with 10-50 vehicles in the commercial sector

Read more

Up Next

More From The World's Largest Fleet Publisher