WASHINGTON -(Dow Jones)- Chrysler LLC is feeling left out in the cold by a new tax credit for plug-in electric cars in pending Senate legislation. Chrysler and Vectrix are seeking to add a separate credit, with a base amount of $1,500 , for “urban commuter vehicles,” which would apply to both GEM cars and Vectrix maxi-scooters. The broader tax bill has been hung up by a dispute between Democrats and Republicans over how much of the tax package should be “paid for” by closing tax loopholes and targeted tax increases. Chrysler and Vectrix will have few opportunities to modify the tax credit, since Senate tax staff has signaled the bill is closed for changes that do not win votes. read more
Technorati Tags: tax, credit, electric, data, vehicles, cars, hybrid cars