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Volkswagen's Clean Diesels Eligible for Alternative Motor Vehicle Federal Tax Credit

Tue. July 29, 2008; Posted: 09:34 AM
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HERNDON, Va., July 29, 2008 /PRNewswire via COMTEX/ -- VLKAY | Quote | Chart | News | PowerRating -- Volkswagen of America, Inc. today announced that buyers of the Jetta TDI sedan and SportWagen are eligible for a $1,300 Federal Income Tax Credit. The Internal Revenue Service has issued a certification letter affirming that the vehicles qualify for the Advanced Lean Burn Technology Motor Vehicle income tax credit.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080729/CLTU072 )

"The $1,300 tax credit provides an even greater value to the upcoming Jetta TDI sedan and SportWagen," said Mark Barnes, COO, Volkswagen of America, Inc. "Our clean diesel vehicles offer consumers the fuel efficiency that they're looking for while providing power, utility, performance, safety and excellent value."

Jetta TDI sedan and SportWagen showcase the best of both worlds, an alternative fuel vehicle with no compromises. Fuel efficiency, performance and convenience come standard with the 50-state compliant Jetta TDI sedan and SportWagen models, which meet the most stringent emissions standards in California. Vehicles are currently available to test drive at local Volkswagen dealers, both models will be available for sale this August.

While the Environmental Protection Agency estimates the Jetta TDI at an economical 29 mpg city and 40 mpg highway, Volkswagen went a step further to show real world fuel economy of the Jetta TDI. Leading third-party certifier, AMCI, tested the Jetta TDI and found it performed 24 percent better in real world conditions, achieving 38 mpg in the city and 44 mpg on the highway.*

The Jetta TDI models come standard with Volkswagen's Prevent and Preserve Safety System, consisting of numerous standard safety features. Both the Jetta TDI sedan and SportWagen include six airbags, with optional rear side airbags, and like all 2009 model year Volkswagens, Jetta TDIs also feature standard Electronic Stabilization Program (ESP) for added safety.

Also standard for 2009 is Volkswagen's Carefree Maintenance Program, with this program there are no charges for the scheduled maintenance described in the vehicle's maintenance booklet for the length of the New Vehicle Limited Warranty -- three years or 36,000 miles, whichever occurs first.

Volkswagen of America, Inc.

Volkswagen of America, Inc. recently announced Electronic Stability Program (ESP) as standard equipment on all its 2009 vehicles. As a result, Volkswagen is one of the only original equipment manufacturers to offer an electronic stability control system on their entire product line -- ahead of the National Highway Traffic Safety Administration's (NHTSA) deadline requiring vehicles in the 2012 model year to include stability control systems. Volkswagen's ESP technology works in conjunction with anti-lock brakes and helps reduce loss of control and rollovers to avoid crashes. NHTSA predicts nearly 10,000 lives could be saved each year if automakers included stability systems as standard equipment.

Founded in 1955, Volkswagen of America, Inc. is headquartered in Herndon, Va. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, Tiguan and Touareg through approximately 600 independent U.S. dealers. Visit Volkswagen of America online at vw.com.

*29 city / 40 highway EPA estimates. 38 city / 44 highway real world fuel economy based on AMCI testing. Your mileage may vary. For more information on Volkswagen, go to www.vw.com.

SOURCE Volkswagen of America, Inc.

http://www.vw.com

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