Monday, February 15, 2010

Cash for Hummers 

TOKYO — Hummer and “fuel-efficient” are rarely mentioned in the same breath.

But anyone in Japan who buys the Hummer H3 model — with its 5.3-liter, 300-horsepower engine — can receive a 250,000 yen ($2,779) subsidy under the country’s recently eased fuel-efficiency standards for imported cars.

The change stems in part from criticism, particularly from Detroit automakers, that recent tax breaks and subsidies intended to spur sales of fuel-efficient cars in Japan unfairly excluded foreign brands... [NY Times]
As the United States government owns the largest Detroit automaker (and Hummer in particular is manufactured by the split-off-in-bankruptcy portion of GM, now on the market for the best price) the rest follows.

[HT: Viking Pundit]

[If you thought "Cash for Hummers" meant something else, shame on you -- you carelessly didn't notice the "H" was capitalized.]