Lower taxes on hybrid cars luring more Jordanian motorists
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Lower taxes on hybrid cars luring more Jordanian motorists

Lower taxes on hybrid cars luring more Jordanian motorists

According to official figures by the Jordan Customs Department, over 600 motorists have replaced their used cars with hybrids since the government decided to reduce taxes on fuel-efficient autos nearly five months ago, Jordan Times has reported. On June 1, the cabinet decided to reduce the tax on small-engine hybrid cars from 55% to 25% and to place a five-year age limit on vehicles imported to the local market, in a bid to renew the fleet of cars on the country's roads and to address the ballooning gasoline bill. The special tax on conventional fuel-driven cars is currently 90% of the value of the vehicle.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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