Are used EVs eligible for tax rebates? Yes, but here’s the fine print
Tax rebates make buying a new EV a whole lot easier. But are used EVs eligible for rebates? Here's everything you need to know......»»
Scout Traveler and Scout Terra forge a new path for EVs
The Volkswagen Group's new Scout Motors EV brand kicks off with an electric pickup truck and SUV launching in 2027......»»
Sonic Automotive Inc.’s Q3 net income rises on tax benefit
Sonic Automotive Inc.'s third-quarter net income rises with assist from tax benefit......»»
Daily 5 report for Oct. 23: EVs get collateral damage from political attack ads
A study says 88 percent of political ads involving EVs are negative. The electric vehicle industry is worried about reputational damage. .....»»
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs......»»
GM, Ford try to ease fleet customers" switch to EVs
Switching to an electric vehicle comes with a host of considerations, including when and where to charge it. For fleet operators, moving away from gasoline-powered vehicles also comes with business implications. Some companies might be interested.....»»
Why a lot more used EVs are about to become eligible for a tax credit. Older ones are a mixed bag
First-generation EVs have design flaws and technological quirks that render them a mixed bag in terms of value. Late-model-year used vehicles are typically more reliable, though different climates or histories can affect battery health......»»
In political ad barrage, EVs get the short end of the stick, especially in Michigan
Some $21.5 million has been spent on EV-related ads this election cycle. About 88 percent, or $18.9 million, of it is negative, according to a study......»»
F&I data: Used EVs losing value faster than hybrids and gas-powered cars
A Cox Automotive analysis compares the value of used hybrid, electric and gasoline vehicles with their sticker price......»»
Trump says he"ll make interest on car loans tax deductible for vehicles made in U.S.
Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai......»»
Rich Americans may be about to lose a tax benefit they love — and now they"re racing to get their affairs in order
Rich Americans may be about to lose a tax benefit they love — and now they"re racing to get their affairs in order.....»»
Goldman Sachs to face CFPB fine over handling of Apple Card disputes
Goldman Sachs’ Apple Card nightmare continues to get worse. A new report today reveals that the Consumer Financial Protection Bureau is set to fine Goldman Sachs after an investigation into its customer service practices for Apple Card. The CFPB.....»»
Mercedes’ patented steering may finally make EVs exciting to drive
It describes a way of generating feedback for the driver through the steering. New cars really are better than they used to be. They last longer, they're more efficient, and they'.....»»
EV shipments to Europe soar ahead of planned EU tariffs
Automakers from Asia’s biggest economy shipped 60,517 EVs to the 27 nations in the European trade bloc last month, up 61 percent from last year, according to customs data......»»
Q&A: More kids than ever need special education, but burnout has caused a teacher shortage
A growing number of students in public schools—right now, about 15% of them—are eligible for special education services. These services include specially designed instruction for students with autism, learning or physical disabilities, or traumat.....»»
Nissan launches charging network, gives Ariya access to Tesla SuperChargers
Nissan's new charging network gives its EVs access to 90,000 charging stations. Ariya and 2025 EVs will also access Tesla's SuperCharger network......»»
Used EVs could be answer for consumers seeking affordability
The depressed values of used electric vehicles present an attractive solution to cost-conscious consumers seeking transportation, business leaders said at the 2024 Auto Finance Summit......»»
SpaceX prevails over ULA, wins military launch contracts worth $733 million
SpaceX and ULA were eligible to compete for eight launches, and SpaceX won them all. The US Space Force's Space Systems Command announced Friday it has ordered eight launches from.....»»
Collecting taxes on Airbnb home rentals could help curb the rise in housing costs
Home-rental platforms like Airbnb are known to drive up housing costs, but a new study shows that doing a better job of collecting the taxes owed by these home rentals appears to slow the rise in home prices. The finding suggests that tax policy can.....»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
Karma’s EVs are getting a Master & Dynamic audio upgrade
Karma Automotive has partnered with Master & Dynamic for the in-cabin audio systems of its newest EVs......»»