New Japan car recycling law to fan competition

Newswire

By Chang-Ran Kim, Asia auto correspondent

TOKYO, July 13 (Reuters) - Japanese auto makers will face more competition to produce eco-friendly cars as a new law comes into effect next year requiring manufacturers to charge drivers for the recycling of their vehicles.

Starting January 1, car owners will be asked to pay about 7,000 to 18,000 yen ($65 to $166) per disposed vehicle, according to the government's latest estimates, to cover the recycling of chlorofluorocarbons ...

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