Monthly Archives: December 2010

Tax Credits and Deductions

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Alternative Motor Vehicle Tax Credit

Individual taxpayers effected by the Alternative Minimum Tax (AMT) will be eligible for the personal use portion of the Alternative Motor Vehicle Tax Credit (30B). Currently, the following Mercedes-Benz vehicles qualify for the 30B credit:

  • 2011 Mercedes-Benz E350 BlueTEC ($1,550)
  • 2011 Mercedes-Benz ML350 BlueTEC ($900)
  • 2011 Mercedes-Benz R350 BlueTEC ($1,550)
  • 2011 Mercedes-Benz GL350 BlueTEC ($1,800)
  • 2011 Mercedes-Benz S400 HYBRID ($1,150)
  • 2011 Mercedes-Benz ML450 HYBRID ($2,200)

If you purchase one of these vehicles before December 31, 2010, the government will subsidize the purchase through the credit regardless of income level. Please consult your tax advisor for details.

Passenger Safety Cell Patented

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Stuttgart. On 23 January 1951, Daimler-Benz AG registered a patent for the passenger car body with a passenger safety cell. This invention by Béla Barényi was granted Patent No. 845 157 with the title “Motor vehicle, specifically for personal transport”. This was a trailblazing innovation, as it is still seen as the fundamental feature of passive automotive safety to this day. In 1959 the safety body with its rigid passenger cell entered series production for the first time in the Mercedes-Benz W 111 series (model 220b). Together with numerous other developments, the passenger safety cell patented in 1951 is one of the technical standards that Mercedes-Benz continues to set worldwide for improvements in passive automotive safety. Continue reading →