UPDATE 2-Mexico to axe car tax to spur domestic sales

Newswire

* Calderon to dump annual car tax by end of 2011 * Calderon says vital to support car industry (Releads, adds background on economy and Calderon, byline) By Adriana Barrera MEXICO CITY, June 24 (Reuters) - Mexico will eliminate an annual auto tax, starting with buyers of new cars this year, to support a key sector of the economy, President Felipe Calderon said on Thursday. People buying new vehicles this year, aside from very high-end models, will not pay the annual car tax, Calderon ...

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