Sales were buoyed by expectations that prices would rise even more soon, tarrif concerns, and now-ended electric vehicle tax ...
An Ohio senator's claim that millionaires primarily benefited from the EV tax credit is largely inaccurate, as income and price caps limited its use for high-end vehicles. While the percentage of U.S.
President Donald Trump's new car loan tax break promises eye catching savings for drivers who finance a new vehicle, with some households potentially trimming thousands of dollars from their federal ...
The auto industry will face uncertainty ahead as the full impact from tariffs will take effect and the USMCA will be renegotiated. What it means.
New car buyers can expect to shell out an average of more than $50,000 for the first time, according to a report from Kelley Blue Book.Related video above: Federal tax credit for electric vehicles ...
Middle-class Americans are discovering that the family car, once a predictable if painful expense, is turning into a ...
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...
Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...
Prepare for automotive sticker shock next year – again. Average new car prices briefly topped $50,000 in September for the first time, before slipping back under that level in October. But now, ...