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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 ...
With profits projected to be down by at least two thirds at the end of the fiscal year, [2] Mazda announced on October 20, 1992 that the Amati brand had been cancelled. [ 10 ] [ 4 ] [ 2 ] At the same time, they announced a major reduction in their investment in motor sports , ending the program that saw Mazda win the 24 Hours of LeMans with the ...
The main federal incentive for consumers to purchase fuel efficient vehicles is to give tax credits. States also have their own incentive programs to further incentivize fuel efficient vehicles in their own states. These incentives range from more tax credits, to discounts on insurance, to price reductions on car registration fee's.
Mazda quickly rose in prominence, helped in large part to their use of Wankel engines. 1974 was the year of the rotary with the introduction of both the Rotary Pickup and RX-4. In fact, the 808 and B1600 were the only piston-engined Mazdas offered in the United States that year. 1975 had a similar lineup, minus the retired RX-2.
The Japanese government introduced the first electric vehicle incentive program in 1996, and it was integrated in 1998 with the Clean Energy Vehicles Introduction Project, which provided subsidies and tax discounts for the purchase of electric, natural gas, methanol and hybrid electric vehicles.
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In the early 1990s Mazda almost created a luxury marque, Amati, to challenge Acura, Infiniti, and Lexus in North America, but this never happened, leaving the near-luxury Millenia to the Mazda brand. Many Mazda vehicles have been rebadged and sold with the Ford brand during the alliance of both companies. Most are noted in the pages of ...
In October 2023, Mazda announced Japanese production of the CX-8 would end at the end of the year. [24] It will be discontinued in Japan, Australia and New Zealand once stock is depleted. The Mazda CX-80, set to be revealed in 2024, will serve as its direct replacement. Production of the CX-8 in Malaysia is unaffected, and will continue until ...
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