Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Jordan

Tariff Decision Threatens Hybrid Take-Up

April 2010 | Industry News

In what BMI sees as a real setback for producers of alternative fuel vehicles in the Gulf region, the Jordanian government has refused to delay the removal of tax exemptions on hybrid vehicles. Dealers had asked for a one month extension from the original April 30 deadline, to cover purchases of hybrid cars that would not arrive in the country before the introduction of the 55% tax. Jordan had shown strong demand potential in 2009, but the spread of hybrid cars in the Gulf Cooperation Council (GCC) markets has now hit a

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