Detroit To Participate In Japan’s ‘Cash For Clunkers’

As if Japan hadn’t done enough damage during the US Government’s CARS program, the country recently decided to try it’s own, more exclusive version of the incentive.  Initially, buyers of imports would not be eligible for the rebates.  This would limit sales to Japanese made cars.  In an effort to benefit from the stimulus, Detroit has put pressure on Japan to allow American cars to qualify for the program.  Their efforts have been fruitful, and Japan agreed on Tuesday to allow Japanese shoppers to buy certain U.S. vehicles and still receive tax break.  The U.S. Environmental Protection Agency’s emissions results will be used to determine eligibility of American cars to participate in the Japanese Program.

[The Detroit News via Automotive Digest]

Advertisements

One response

  1. A time of crisis is almost invariably a time of opportunity if it can be taken advantage of. Hopefully Toyota will have the vision and foresight to take advantage of this opportunity. I don’t especially care for Toyotas as I have always admired Honda or Nissan over them. Toyota needs to stay a viable entity in the automotive field if for no other reason than the masses who bank on them for their livings.

    February 18, 2010 at 1:25 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s