Go Hybrid and Pay Less Car Tax in Israel

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The Israel finance ministry is planning new regulations on car purchasing, with special discount incentives for purchasing hybrid cars, according to Reuters. The new changes are being planned to help alleviate the increasing air pollution caused by cars, as well as to save energy costs. One of the new regulations will be increased taxes and […]

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Will Israeli Hightech Workers Lose Their Leased Cars and Pay Taxes on Parking Spots As The Government Goes Green?

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(View of parking lot below Azrielli Center in Tel Aviv) They giveth and then taketh away: The recently Annual Report issued by the Bank of Israel, has devoted an entire chapter to the excessive use of leased company vehicles by employees, which are clogging up the country’s motorways and contributing greatly to the amounts of […]

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Powerful 150hp Natural Gas Sedan From Iran

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Iran Khodro, a Peugeot partner for producing its line of  405 and 206D sedans, announced the production of what it claims is the world’s most powerful natural gas engine at 150 hp.  The engine runs on compressed natural gas (CNG), and is supposed to comply with the EURO 4 emission standards.  It will first be installed in the Samand […]

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