Club Car and E-Z Go, which make almost 90 percent of the world's golf cars, have been plagued by layoffs and are looking at ramping up refurbishing programs to boost business, Bloomberg reports.
Both companies are hoping to boost sales through increased purchases of utility vehicles under the 2009 American Recovery & Reinvestment Act. Under the plan, buyers of low-speed, battery-electric vehicles will be eligible for a tax credit of 10 percent of the cost, up to $2,500.