Boston Herald
BofA giving workers $3,000 in incentives to buy hybrid autos
By Jerry Kronenberg
Wednesday, June 7, 2006

Bank of America plans to roll out a roughly $60 million initiative today to promote hybrid-vehicle purchases by its employees, giving workers who buy the eco-friendly cars special $3,000 credits.

Gov. Mitt Romney and the U.S. Environmental Protection Agency’s regional chief will join BofA officials at the bank’s Boston headquarters for a special ceremony to unveil the program.
Romney spokesman Eric Fehrnstrom said the governor “supports providing individuals with incentives to purchase fuel-efficient vehicles.”

BofA declined to release advance details of its plans. However, sources familiar with the effort say the bank will offer credits to some 20,000 employees in Greater Boston, Los Angeles and the company’s Charlotte, N.C., home town.

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