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The 2009 ARRA provided a tax credit for plug-in electric drive conversion kits. The credit is equal to 10% of the cost of converting a vehicle to a qualified plug-in electric vehicle and in service after February 17, 2009. The maximum amount of the credit is $4,000. The credit does not apply to conversions made after December 31, 2011. [274] [293]
VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
Volkswagen's Brazilian plant at Resende has been constructing trucks with weights of between 7 and 35 tons. Even after the launch of the new Volkswagen Constellation in 2006, Volkswagen Commercial Vehicles has continued to manufacture vehicles incorporating cabs based on the first generation of the LT, such as the Worker and Delivery trucks.
Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries. Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the ...
Volkswagen Commercial Vehicles (VWCV; German: Volkswagen Nutzfahrzeuge [ˈfɔlksˌvaːɡn̩ ˈnʊtsˌfaːɐ̯tsɔʏɡə], abbreviated VWN [ˌfaʊveːˈʔɛn]) is a German marque of light commercial vehicles, owned by Volkswagen Group. It is headquartered in Hannover, Lower Saxony, Germany. Originally part of Volkswagen Passenger Cars (business ...
In October 2016, Quebec passed legislation that obliges major carmakers to offer an increasing number of PHEV and BEV models, beginning with 3.5% in 2018 and rising to 15.5% in 2020, using a tradable credit system. Canada had the second largest plug-in electric passenger car market share in the Americas in 2023
The Belgian government coalition agreement of 8 May 1988 foresaw a combination of public-sector banks, resulting in legislation of 17 June 1991 that mandated the integration of the Crédit Communal de Belgique, Société Nationale de Crédit à l'Industrie, and OCCH. The Crédit Communal, however, ensured that these provisions were not implemented.
Volkswagen originally meant to replace them with the Golf's inline-four engine but the cost of re-engineering both car and engine made them opt for updating the flat-four instead. [14] An overhead-cam design was mooted but rejected as a willingness to rev was considered to be of less importance than low-end flexibility and low cost. [ 14 ]