VW: $50 Million In Tax Credits, Wanted Electric-Car Credits For Diesels Too

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car. With Michael Horn, CEO of VW Group of America, testifying to Congress today, those credits–and whether the Federal government should be reimbursed for them, and by whom–are likely to… …read more