The Truth About Cars

AUGUST 9, 2024

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.

Chinese 104

Chinese PHEV Gas Scrappage 104

The Truth About Cars

AUGUST 9, 2024

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.

Acura 104

Acura Scrappage Concept SUV 104

Green Car Congress

FEBRUARY 3, 2015

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25 million units. million units.

2015 150

2015 Light Global Market 150

Baua Electric

JANUARY 6, 2025

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Consumer tax credits from the IRA and the leasing loophole could be affected. Tariffs and import duties on vehicles, even those sourced from Mexico and Canada, could be impacted.

Global 52

Global Market North America PHEV 52