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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 ...
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.
On June 1, 2010, the Chinese government announced a trial program to provide incentives up to CN¥ 60,000 (~ US$9,281 in June 2011) for private purchase of new battery electric vehicles and CN¥ 50,000 (~ US$7,634 in June 2011) for plug-in hybrids in five cities.
Many automakers are also offering additional incentives, such as rebates and discounted financing, making this an ideal time to buy. Beat price hike: If the tax credit disappears, automakers may ...
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.
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[3] [7] [8] Production of the Mazda CX-50 compact crossover SUV started on January 26, 2022, on the "Discovery" assembly line. [9] In March 2024, it was announced that Mitsunobu Mukaida would become president of the factory. On April 1, 2024, Mukaida assumed the role of president from Masashi Aihara. [10]
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 ...