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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Bush in 2003 committed$1.2 Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. We will have packages that will be verycompetitive at that time.” Honda’s American depositary receipts fell 66 cents, or2.3 percent, to $27.65 at 4:01 p.m.

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