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Electric Cars now VAT free in Iceland
Tue, 10 Apr 2012Electric Cars in Iceland now VAT free The Icelandic Government has decided to remove VAT on electric cars to bring EV costs in line with ICE prices. We don’t believe that Governments should be promoting EVs and Hybrids by giving tax breaks to buyers. In a country like the UK – and most other countries – promoting EV cars at the taxpayers expense is a nonsense.
JE Designs turns up the power in Touareg hybrid
Fri, 01 Apr 2011JE Designs unveiled its freshly tuned 440-hp Volkswagen Touareg hybrid on Friday. The German tuning company boosted the Touareg’s output from 380 hp to 440 hp by optimizing the management of the 3.0-liter engine. The hybrid’s electric motor remains untouched.
News watch April 2011: today's auto industry news
Fri, 29 Apr 2011Come to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 April 2011• Due to UK royal wedding national public holidays, CAR Online news coverage will be reduced until CAR reopens on Tuesday 3 May (CAR)• The Saab financial situation continues to develop. Both the Swedish National Debt Office and General Motors are said to have given their approval for the proposed lease-back sale of Saab property to investor Vladimir Antonov.