Japan prolongs tax breaks for fuel-efficient cars

Note: This section contains information in English only.
Source: BBC

Japan decided to extend its tax breaks on fuel-efficient cars in an attempt to support its domestic car production. The tax breaks had to expire in April 2012 but now they are prolonged until April 2015. Domestic vehicle production was impacted by natural disasters as well as the strong yen and the new measure is likely to bolster the growth of the sector

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