Remove Buy Remove Cash For Clunkers Remove Economy Remove Tax Credit
article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

If we can again succeed like that, in a decade, we’ll look back and know that we got a great deal: safer, healthier, better lives, an economy no longer held hostage to petro-dictatorships and blindered, monopolistic companies, and a significant response to climate change. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.

Oil 252
article thumbnail

Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Car dealers are asset rich and cash poor. All of a sudden, the dealer is in a cash crunch."