Georgia Car Dealers Expect Drop in Electric Vehicle Sales
Monday, April 20th, 2015
Car dealers say they expect sales in electric vehicles will drop now that Georgia is eliminating a tax credit to subsidize them.
Gov. Nathan Deal, a Republican, is expected to soon sign legislation eliminating the $5,000 tax credit June 30. The following day, Georgia will begin imposing a $200 registration fee on those vehicles.
Bo Scott of the Regal Nissan dealership in Roswell said his firm sells or leases about 100 Leafs a month. He said he expects a 70 percent decline in Leaf sales after the new law takes effect. The general manager at Town Center Nissan in Kennesaw, Kenny Grant, said he also expected sales will slide.
