PHOTO CAPTION: 2009 Ford Escape Hybrid still qualifies for IRS tax credit of between $2200-3000.

Green Vehicles Garner U.S. Tax Breaks

While credits for Toyota and Honda have largely expired, buyers can still get full tax credits for General Motors and Ford hybrids.

Published: 28-Dec-2008

It's still not easy being green in this country, but there are some tax breaks for owners of energy-efficient vehicles.

[See Complete Listing of US Federal Tax Credits on Hybrid Vehicles]


For more than 20 years, Porsche has paid annual fines totaling $57 million for failing to meet the federal corporate average fuel economy standard. In 2006, it was fined $3 million for its fuel-thirsty Cayenne and $1.6 million for its cars.

The 2009 model will be the first small SUV to use the powerful new hybrid system GM recently unveiled in its large SUVs and pickups.

The newly developed full parallel hybrid system will consist primarily of the battery unit positioned in the luggage compartment, the power electronics, and the hybrid module between the engine and transmission comprising an additional clutch and the electric motor.


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