Tag: Tax Breaks

By on December 8, 2017

nissan leaf charging electric car

On Wednesday, 22 mayors issued a letter to members of the House and Senate conference committee that’s attempting to finalize a rushed tax plan before the end of the year, saying the $7,500 electric vehicle tax credit allows them to better pursue clean-energy initiatives within their cities. The current versions of the bill has the House eliminating the credit, while the Senate has voted to keep it. So far, no automaker has reached the credit’s 200,000-vehicle threshold, and the industry — now backed with mayoral might — has pressed the U.S. government to maintain the incentive.

Alright, so it isn’t the power play that will turn the tide. But it does show that there exists a large group outside of manufacturers and EV fans that wants to keep the credits in place.  (Read More…)

By on August 10, 2016

2017 Kia Forte Sedan

When the new Kia factory in Nuevo León, Mexico reaches full capacity, 300,000 vehicles will leave the plant each year. At the same time, a jail cell door could slam on the government officials who brought it there.

The former governor of the Mexican state will stand trial on corruption charges linked to the tax deal behind the $1 billion assembly plant, Reuters reports. Prosecutors accuse Rodrigo Medina, along with 30 officials, friends and family members, of draining $196 million from public coffers. (Read More…)

By on May 5, 2016

15 - 1982 Buick LeSabre Diesel in California junkyard - photo by Murilee Martin

With European regulators taking a closer look at the continent’s wonder fuel — diesel, that is — in the wake of Volkswagen’s emissions scandal, oil burners could hasten their disappearance from European Union streets.

That would be great for police officers in the UK, who seem increasingly confused about what kind of fuel goes in their patrol car’s tank. (Read More…)

By on January 18, 2010
So many games to play (courtesy:sunherald.com)
Mississippi is starting to get a bit shirty with Toyota. ABC News reports that Mississippi legislators are getting annoyed with Toyota because of the lack of clarity as to when Toyota will start paying the interest on the money the state borrowed to bring Toyota’s car plant to Mississippi. Tate Reeves, State treasurer,  told lawmakers during a briefing that discussions are ongoing about when Toyota would begin making payments. The State of Mississippi has already paid about $16.7 million in interest. However, Toyota have a different take on affairs.

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