US Internal Revenue Service Grants Tax Credits for BlueTEC
WASHINGTON, Sept. 17 /PRNewswire-FirstCall/ -- Right in time for
Mercedes-Benz's rollout of BlueTEC diesel vehicles in October, the U.S.
Internal Revenue Service (IRS) has granted Daimler the Qualified Alternative
Motor Vehicle Credit, which qualifies the ML 320 BlueTEC, R 320 BlueTEC, and
GL 320 BlueTEC buyers up to $1,800 in tax credits.
The U.S. Environmental Protection Agency (EPA) certified to the IRS that
the Mercedes-Benz BlueTEC vehicles meet the strict emission requirements, a
status thus far only granted to hybrid-electric vehicles. The Mercedes-Benz
BlueTEC clean diesel vehicles are the first diesel vehicles to be granted the
tax credit demonstrating both high fuel efficiency and low emissions. 'Diesel
passenger vehicles are one important piece of the future technology puzzle,'
said Margo Oge, Director of EPA's Office of Transportation and Air Quality.
'Clean diesel is a viable, efficient technology to help improve our air
quality and energy security.'
The IRS has determined that purchasers of the ML 320 BlueTEC may qualify
for a $900 tax credit, purchasers of the R 320 BlueTEC may qualify for a
$1,550 tax credit, and purchasers of the GL 320 BlueTEC may qualify for a
$1,800 tax credit depending on their individual tax status. The vehicles,
which are the first diesel passenger vehicles to meet all 50 state emissions
requirements and get up to 600 miles to the tank, go on sale October 1.
Further information from Daimler is available on the internet at
www.media.daimler.com.
About Daimler
Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler
Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a
globally leading producer of premium passenger cars and the largest
manufacturer of commercial vehicles in the world. The Daimler Financial
Services division has a broad offering of financial services, including
vehicle financing, leasing, insurance and fleet management. Daimler sells its
products in nearly all the countries of the world and has production
facilities on five continents. The company's founders, Gottlieb Daimler and
Carl Benz, continued to make automotive history following their invention of
the automobile in 1886. As an automotive pioneer, Daimler and its employees
willingly accept an obligation to act responsibly towards society and the
environment and to shape the future of safe and sustainable mobility with
groundbreaking technologies and high-quality products. The current brand
portfolio includes the world's most valuable automobile brand, Mercedes-Benz,
as well as smart, AMG, Maybach, Freightliner, Sterling, Western Star,
Mitsubishi Fuso, Setra, Orion and Thomas Built Buses. The company is listed on
the stock exchanges in Frankfurt, New York and Stuttgart (stock exchange
abbreviation DAI). In 2007, the Group sold 2.1 million vehicles and employed a
workforce of over 270,000 people; revenue totaled euro 99.4 billion and EBIT
amounted to euro 8.7 billion. Daimler is an automotive Group with a commitment
to excellence, and aims to achieve sustainable growth and industry-leading
profitability.
SOURCE Daimler AG
