Jordan cuts passenger car taxes by 50% AMMAN — Jordan is cutting passenger car tariffs by 50% to stimulate growth, structural reforms and entry into the World Trade Organization (WTO). Carbuyers now will pay 53% to 100% taxes compared to 105% to 200%. The move is expected to push retail prices down at least 30% to 35%. But gas prices will be raised at least 10% to make up for the tax cut. This is the first time gas prices have been raised in almost a decade. Jordan had hoped to gain ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.