Monday, May 07, 2007
Chrysler Seeks Diesel Tax Breaks
According to CarAndDriver.com, Mark Chernoby, Vice President of DaimlerChrysler, delivered a testimony calling on Congress to broaden tax credits to include all diesel vehicles. He spoke during a hearing in the U.S. Senate Finance's subcommittee on Energy, Natural Resources and Infrastructure where congress is looking into use tax incentives to speed introduction of more fuel-efficient vehicles. "The credit has been pivotal in establishing consumer acceptance of hybrid passenger cars and we believe it will be helpful in the future in encouraging more hybrid light trucks," Chernoby claimed. "Introduction of diesel passenger vehicles and light trucks would establish an altogether new market for biodiesel and renewable diesel."
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