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July 29, 2008

VW’s Jetta Diesel Models Eligible for $1,300 Tax Credit

The Internal Revenue Service – IRS for short, has issued a certification letter affirming that Volkswagen’s new Jetta TDI diesel-powered Sedan and Sportwagen models qualify for the Advanced Lean Burn Technology Motor Vehicle income tax credit. Money-wise, that means that buyers of the specific vehicles are eligible for a $1,300 Federal Income Tax Credit. -Continued

“The $1,300 tax credit provides an even greater value to the upcoming Jetta TDI sedan and SportWagen,” said Mark Barnes, COO, Volkswagen of America. “Our clean diesel vehicles offer consumers the fuel efficiency that they’re looking for while providing power, utility, performance, safety and excellent value.” Now, if VW could only find a way to drop diesel prices in the U.S. to the same level as gasoline...