Statement from Ford Motor Co, General Motors Co and Chrysler Group LLC. Japan's 7.2 trillion yen economic stimulus package includes an extension of a program giving consumers incentives to buy fuel-efficient cars. No U.S. vehicles are eligible for the tax incentive offered under the plan, while 87% of Japanese-made vehicles qualify. (Bloomberg)© Japan Today
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Japan’s version of a 'cash for clunkers' program intended to spur auto sales discriminates against imported vehicles.
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