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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business. The Internal Revenue Service is beginning a campaign to alert consumers of a new credit that will enable the deduction of the cost of any sales and excise taxes for a new car purchased this year.

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Chinese Car Buyers Recently Scooped Up More EVs and PHEVs Than Gas Vehicles for the First Time

The Truth About Cars

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. but they’re in Mexico and may soon be available in Canada, though some in its government want strict tariffs like the ones implemented by the White House.

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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. but they’re in Mexico and may soon be available in Canada, though some in its government want strict tariffs like the ones implemented by the White House. Images: Acura] Become a TTAC insider.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. Light vehicle sales in Canada set an annual record in 2014 that is scheduled to be broken once again in 2015. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9 million units.

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How will a Trump presidency impact the global EV market in 2025?

Baua Electric

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Measures came into effect in the US from 1 August and from 1 October in Canada. Consumer tax credits from the IRA and the leasing loophole could be affected. billion light vehicles on the road today.

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