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Indonesian President Approves Tax Breaks on Low-Emission Cars

Discussion in 'Other Cars' started by cwerdna, Jun 7, 2013.

cwerdna Senior Member

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Indonesian President Approves Tax Breaks on Low-Emission Cars - Bloomberg

Indonesian President Susilo Bambang Yudhoyono approved tax breaks on low-emission cars, paving the way for Toyota Motor Corp. (7203) and affiliate Daihatsu Motor Co. (7262) to widen their lead in Southeast Asia’s largest economy
...
The rules provide cuts on a luxury goods tax amounting to 25 percent for cars that can run 20 kilometers (12 miles) on a single liter of fuel, 50 percent for 28 kilometers per liter, and 100 percent for machines managing more than that. That includes hybrid engines using dual gasoline and gas or biofuels.
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It's unknown to me what their fuel economy tests are/are like.

#1 cwerdna, Jun 7, 2013

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