The Internal Revenue Service recently announced that purchasers of American Honda Motor Company, Inc., and General Motors Corp. qualified vehicles may continue to claim the Alternative Motor Vehicle Credit.

The announcement comes after the IRS concluded its quarterly review of the number of hybrid vehicles sold. Honda sold 6,518 qualifying vehicles to retail dealers in the quarter ending June 30 2007. This brings the cumulative number of qualified Honda hybrid vehicles sold as of June 30, 2007, to 58,872. GMC sold 969 qualifying vehicles to retail dealers in the quarter ending June 30, 2007. This brings the cumulative number of qualified GM hybrid vehicles sold to 9,454.

The credit amount and make and model of qualified Honda vehicles sold are:

• Honda Accord Hybrid Model Year 2005 $650
• Honda Accord Hybrid, Model Year 2007 $1,300
• Honda Accord Hybrid Navi Model Year 2007 $1,300
• Honda Civic Hybrid Model Year 2007 $2,100

The credit amount and make and model of qualified GM vehicles sold are:

• Chevrolet Silverado Hybrid 2WD, Model Years 2006 and 2007 $250
• Chevrolet Silverado Hybrid 4WD, Model Years 2006 and 2007 $650
• GMC Sierra Hybrid 2WD, Model Years 2006 and 2007 $250
• GMC Sierra Hybrid 4WD, Model Years 2006 and 2007 $650
• Saturn Vue Green Line, Model Year 2007 $650
• Saturn Aura Hybrid, Model Year 2007 $1,300