This year has been pretty good for sales of new vehicles. Cox Automotive and Edmunds, two companies that track the industry, ...
A line of cars for sale. Tax revenues from auto sales in Ohio were way up in April, but income tax collections were down, in a month when they’re usually strong. That's according to preliminary ...
A new tax break allows deductions on interest paid on new car loans for vehicles assembled in the U.S. until 2028. Experts believe the tax break is unlikely to significantly shift the market in favor ...
The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed tax ...
In just a few days, the federal tax credit for electric vehicles — which knocks several thousand dollars off the price of many new or used EVs for qualified buyers — will be history. A few years ago, ...
Drivers are split on the fairness of the new electric vehicle tax, which creates a double tax problem for hybrid cars. Electric vehicles (EVs) will pay a new levy of 3p per mile they travel after ...
Tesla's electric vehicle sales fell 9% in 2025 from a year ago amid the expiration of a $7,500 EV U.S. tax credit.