Tag: tax credits
Tesla set to lose EV tax credit on Model 3 pending...
Buyers of certain Tesla vehicles have reaped the benefits of the $7,500 EV tax credit since it launched January, but the company now expects...
Biden faces criticism at home for EV focused free trade agreements
The Biden Administration's efforts to arrange free trade agreements with allied nations have come under fire from U.S. lawmakers on both sides of the...
Secretary Yellen says foreign car brands may be able to qualify...
U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act...
Biden expands EV tax credit eligibility after automaker complaints
EV tax credit eligibility was expanded last week in response to complaints from Ford, General Motors and Tesla over the Inflation Reduction Act's SUV...
Dealers need more straightforward guidance for EV tax credits
To almost no one's surprise, the Federal Government's attempt at explaining the new consumer EV tax credit only caused more confusion. It was hoped...
GM and Treasury argue over EV tax credits for Cadillac Lyriq
The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying...
2023 Chevy Bolt gets a new price bump to ring in...
Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase.
The 2023 Chevy Bolt is...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
OfferLogix’s new solutions help with changes in auto retail – Aaron...
Offering more and more services to the automotive industry, OfferLogix is quickly rising to the top. On today’s Inside Automotive, Aaron Bickart, Executive Vice...
Biden’s EPA to finally allow EV makers to earn generous tax...
The Environmental Protection Agency announced a new proposal offering additional incentives for the auto industry.
In keeping with the Biden administration’s goal of circumventing climate...
