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USPS vehicles

USPS vehicles to be electrified by 2028, thanks to Inflation Reduction...

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United States Postal Service vehicles will be partially electrified by 2028, according to a recent press release. The 230,000 USPS vehicles currently in operation have...
EU tax credits, human rights abuses

EU seeks changes to ‘discriminatory’ U.S. Inflation Reduction Act

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The Inflation Reduction Act, which is set to go into effect this January, might make America a global leader in the electric vehicle market...
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EU opposes Inflation Reduction Act, VinFast ships first EVs to U.S.,...

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Inside Automotive: Trade associations warn Ford is undermining the franchise system Many dealers feel that the franchise system is under attack following the announcement of Ford's...

China speaks out against Inflation Reduction Act, GM closes orders for...

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Inside Automotive: How Cox Automotive Mobility is using innovation to improve the EV battery lifecycle — Lea Malloy Billions are being invested in the design and...
Inflation Reduction Act South Korea

S. Korean President plans US visit to address Inflation Reduction Act...

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South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...
korean automakers

S. Korean automakers share concerns over US Inflation Reduction Act

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South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe...
manufacturing

How the Inflation Reduction Act plans to boost domestic EV production

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Recent reports have predicted how converting combustion engines to electric motors could significantly reduce US-sited OE manufacturers' engineering and manufacturing labor forces.   According to an...
Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

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Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now...
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation...

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In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...
Automakers have started the process of re-evaluating which models qualify for the full electric vehicle tax credit following new regulations.

GM, Tesla react to Biden Admin’s new EV tax credit rules

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Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's...