* Calderon to dump annual car tax by end of 2011 * Govt to partially absorb taxes on new cars in short term (Releads, adds detail, quote) MEXICO CITY, June 24 (Reuters) - Mexico will cut taxes on new car purchases to support a key sector of the economy and will eventually eliminate the annual automobile tax, President Felipe Calderon said on Thursday. Calderon said the yearly car tax, originally imposed to raise funds for for the Olympic Games hosted by Mexico in 1968, will be stopped ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Mexico to dump car tax to spur domestic sales" 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- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642