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Colorado has passed a bill that provides a $5,000 tax credit for in-state buyers of battery-electric vehicles.
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President Obama hopes to add a $10 tax for every barrel of oil that would fund investments in clean transportation technology as part of his proposed 21st Century Clean Transportation Plan.
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Choosing a leasing instrument during the procurement process is a vital aspect of fleet management that requires consideration of costs, utilization, and remarketing scenarios.
Read More →I can envision internal and external political and economic pressures that could prompt the U.S. fleet market to migrate to a European fleet business model offering company-provided vehicles as a form of compensation.
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Presently, there are 34 million vehicles in operation in Mexico, of which 34 percent of them are commercial vehicles. The majority of large fleets operating in Mexico are owned or leased by multinational companies.
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Businesses that purchase a Tesla Model X SUV for business use in California are eligible federal and state tax credits of $35,000 that could significantly reduce the $100,000 price tag of the luxury vehicle.
Read More →While not something to depend on, when available, incentives can help reduce the overall cost of a natural gas vehicle (NGV) fleet.
Read More →New Zealand is expected to significantly reduce ACC motor vehicle levies starting July 1, according Accident Compensation Corporation (ACC) Minister Nikki Kaye, who has decided how levies for new cars will be calculated.
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Taxes are almost guaranteed to increase, but their impact will vary due to different tax regulations varying by state. An emerging concern is the taxation of online services, the cost of which would be passed on to end-users.
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The industry consensus is that fleet license & title services will become more expensive in future years as vehicle registrations are blocked for unpaid tolls & violations. Transaction fees will increase to offset DMV budget shortages.
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