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EV Tax Credit Renewal Looks Unlikely

EV Tax Credit Renewal Looks Unlikely

An Obama era tax credit for buyers and lessees of new electric vehicles will not likely be extended as part of a new federal spending bill, Reuters reports.

December 17, 2019

Trump to Award Roger Penske Medal of Freedom
Top NHTSA Official to Leave Agency

Top NHTSA Official to Leave Agency

Heidi King, deputy administrator for the National Highway Traffic Safety Administration, is planning to leave the agency as soon as next week.

August 9, 2019

Fed Announces First Rate Cut in 11 Years

Fed Announces First Rate Cut in 11 Years

Federal Reserve Chairman Jerome Powell officially announced a widely expected cut to the federal funds rate yesterday, dropping the central bank's target by a quarter-point to 2%.

August 1, 2019

FMCSA Will Permanently Ban Drivers for Human Trafficking Offenses
Ford Projects 'Significant' Negative Impact of Mexico Tariffs
Truck and Auto Manufacturers Strongly Reject Trump’s Latest Tariff Threat
Trump, Democrats Agree to Push for ‘Big and Bold’ Infrastructure Plan
President Trump Hosted by Minnesota Truck Dealer for Tax Discussion
White House Proposes Cutting EV Tax Credit

White House Proposes Cutting EV Tax Credit

The Trump administration has plan to cut the $7,500 federal tax credit that has supported sales of battery-electric vehicles as part of its 2020 budget proposal.

March 12, 2019

Fuel Efficiency Reaches Record 24.9 MPG

Fuel Efficiency Reaches Record 24.9 MPG

The average fuel efficiency of light-duty cars, trucks, and SUVs reached 24.9 miles per gallon for the 2017 model year, which is a record high, even as the industry may have trouble meeting future standards, according to the EPA.

March 6, 2019

Trump Warned Automakers About Emissions Plan

Trump Warned Automakers About Emissions Plan

Trump administration officials representing the EPA and NHTSA held a "tense" late-February conference call with auto manufacturing executives, sources have told Bloomberg.

March 6, 2019

Trump Pitches Infrastructure in State of Union, But No New Details
NHTSA Suspends Recall Updates During Federal Shutdown
China Reduces Tariffs on Imported Vehicles

China Reduces Tariffs on Imported Vehicles

China will suspend the additional 25% tariff imposed on U.S. auto imports for three months starting Jan. 1, the Chinese Finance Ministry announced Friday.

December 14, 2018

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