Hiroshima, Japan, May 24, 2012 - (JCN Newswire) - Mazda Motor Corporation announced that sales of the Mazda Titan, a certified low emission vehicle which qualifies for Japan's new eco-car tax reduction program(1) will begin today at Mazda and Mazda Anfini dealers nationwide.
To be certified as alow emission vehicle by the Ministry of Land, Infrastructure, Transport and Tourism, vehicles need not only to meet Japan's 2009 emission standard (the world's most stringent) but also reduce nitrogen oxide (NOx) and particulate matter (PM) emissions by at least a further 10 percent.
Most Titan models are certified as low emission vehicles. Among those certified, models that qualify for Japan's 2015 fuel economy standards are eligible for the new eco-car tax reduction program(2) (reduction invehicle acquisition and weight taxes) and eco-car subsidies(3) based on revisions to the taxation system effective from fiscal year ending March 2013.
Corresponding with Japan's upgraded safety standards the Titan features an updated rear underrun protection device that prevents passenger vehicles from becoming pinned under the vehicle in the event of a rear-end collision.
(1) Tax reduction based on Japan's program to promote eco-friendly cars
(2) For details of the Titan models eligibleforthe tax reduction/subsidy programs, please visit Mazda's official website at http://www.titan.mazda.co.jp/ (Japanese only).
(3) Japan's subsidy program to promote the introduction of eco-cars. This program will end upon running out the budget.
About Mazda
Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com.
Contact:
Corporate Communications Division
Mazda Motor Corporation, Japan
+81-3-3508-5056 [Tokyo]
+81-82-282-5253 [Hiroshima]
mailto: media@mazda.co.jp
May 24, 2012
Source: Mazda
Mazda (TSE: 7261) (U.S: MZDAF)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: New market for product
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