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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.
Those looking for alternatives to cars, SUVs and trucks might be in luck in 2024 as far as incentives go. There’s a lot of state-administered active and proposed E-bike programs gaining ...
A number of car models won't ring in the new year. The Ford Edge, Toyota Venza and Mini Clubman are just some of the vehicles that won't make it past model year 2024 in U.S. markets. Automakers ...
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.
Small fuel-efficient cars from foreign automakers took a sharply higher share of the U.S. auto sales market. Under the Energy Policy and Conservation Act [42] the federal government initiated fuel efficiency standards (known as Corporate Average Fuel Economy, or CAFE) in 1975, effective as of 1978 for passenger cars, and as of 1979 for light ...
Texas Lt. Gov. Dan Patrick said U.S.-owned border wall materials, which were available for sale, were pulled from an Arizona auction at the government's request. The Lonestar State had shown ...
Program critics also argue the statute's requirement that the tax abatement be "a determining factor in the applicant's decision to invest capital and construct [a] project in Texas" is not the rigorous "but for" test legislative sponsors promised when the Chapter 313 program was revised and renewed in 2013 by the Texas legislature.
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