PORTLAND, OR – Toyota Motor Sales U.S.A. Inc. is relieved today after the U.S. Senate approves an amended tax-credit plan that threatened to exclude the auto maker’s pending plug-in while favoring General Motors Corp.’s Chevrolet Volt. The plan provides tax credits of $2,500 to $15,000 for plug-in electric-drive vehicles equipped with batteries that generate at least 4 kWh. A previous version of the plan set a battery-output threshold at 5 kWh. Toyota declines to outline its objections, ...
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