Tag: stimulus
New batch of stimulus checks issued to 1.8M recipients, and they...
As part of the American Rescue Plan Act, stimulus checks are being issued to eligible recipients by the Treasury Department and Bureau of the...
Third round of stimulus checks nears Congressional approval
On Saturday, the House narrowly passed a $1.9-trillion-dollar pandemic relief and stimulus package that could see payments sent to American households in March. The...
Congress passes second stimulus package
On Monday, Congress was under enormous pressure to push through another stimulus package that would bring relief to businesses and individuals as the COVID-19...
Congress rules out second round of direct-payment stimulus checks
A new aid package is being hammered out in Congress but a second stimulus check will not be distributed to the majority of Americans. As talks continued...
Pandemic vehicle purchases kicked truck sales into high gear
A new study from CarGurus is revealing a trend in auto retail toward larger vehicle purchases, particularly pickup trucks. The 2020 Pickup Truck Sentiment...
Stimulus Package Delayed, Not Expected Until September
As is the trend with most negotiations lately, Congress cannot agree on a stimulus package that would assist the U.S. amid the unforgiving coronavirus...
How the New CARES 2 Stimulus Package Could Spur Car Sales...
On July 27th, Congress was set to hear from eight senators who are pitching the details of a new economic stimulus package for the...
New Stimulus Package Expected, But Payments Likely Smaller This Time
When Congress returns on July 20th, Mitch McConnell expects that a new COVID-19 stimulus package will be on the agenda. The Senate Majority Leader...
Lobbying Efforts Pivot Towards Buying Stimulus
As the United States slowly begin to emerge from a never-before-seen pandemic shutdown, the auto industry has weathered the storm better than expected. While...
Industry Looking for New ‘Cash for Clunkers’ Program
In the thick of the coronavirus pandemic, car sales have taken a tumble. Cox Automotive’s Auto Market Weekly Summary estimates that new car sales...