US Chevy dealers in tax rebate scam

985 views · Published 3 June 2011 · 0:46 · Indexed 29 October 2026

Channel: News Direct · 2011 · News & Politics

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Chevrolet dealers in the US have been accused of gaming the system to net a federal tax credit on sales of the Chevrolet VOLT hybrid car. The dealers allegedly reclassified new cars with low mileage as used cars and sold them to other dealers to gain a $7,500 green vehicle tax credit. Chevrolet recently closed the Volt line to retool it ahead of ramping up production. It will produce around 10,000 Volts this year, increasing to 45,000 in 2012.

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