Calif. City Offers Incentives to New-Car Dealers

ANAHEIM, Calif. — City officials in Anaheim, Calif., have approved a new program that would give dealers opening new-car dealerships in the city a 40% rebate on the city’s share of sales taxes for up to a decade, the Orange County Register reports.

Typically, the city keeps 1% of the sales tax generated from vehicle sales. Existing dealerships are also eligible for the program if they profit from an expansion of their lots.

To read the full story, click here.