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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
These incentives mainly take the form of purchase rebates, tax exemptions and tax credits, and additional perks that range from access to bus lanes to waivers on fees (charging, parking, tolls, etc.). [1] The amount of the financial incentives may depend on vehicle battery size or all-electric range. Often hybrid electric vehicles are included.
After receiving information from automakers, the Treasury Department today issued its final list of EVs available for the full $7,500 credit through the Department of Energy’s fueleconomy.gov ...
Nissan Versa is an automobile nameplate used by the Japanese manufacturer Nissan in the Americas for the following models: First-generation Versa sedan (C11; 2006–2012) Main article: Nissan Tiida (C11)
The Nissan Tiida (Japanese: 日産・ティーダ, Hepburn: Nissan Tīda) is a compact car produced by the Japanese manufacturer Nissan from 2004 to 2023 through three generations. Depending on the market, the Tiida was also marketed as a subcompact car , particularly in the Americas for the first-generation model as the Nissan Versa .
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