BERLIN -- The German cabinet today approved new incentives and tax breaks to boost demand for electric cars in an attempt to meet its target of bringing 1 million EVs onto roads by the end of the decade.
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By:
Caroline Copley and Andreas Rinke
May 18, 2016 05:00 AM
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Tariffs already hurting vehicle affordability as more price hikes loom
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.
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