Ford offering extra spiffs on Focus to complement government-backed incentive.
VIENNA – The Russian government is restarting a car-loan subsidy program in an attempt to boost new-vehicle demand. In contrast to the loan-subsidy program offered from 2009 to 2011, which was valid for Russian-made vehicles only, the new plan includes imported vehicles in order to avoid breaking World Trade Organization rules. The subsidy applies on loans for cars and light-commercial vehicles up to 3.5 tons (3.2 t) that do not cost more than RR750,000 ($22,827). The buyer must ...
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