The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.
Category: News
US Car Sales Get Year-End Boost From Trump’s EV Threat
The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.
PrePass Safety Alliance Names Dietz Executive Vice President
PrePass Safety Alliance named Erik Dietz executive vice president Jan. 2, tasking the transportation industry veteran with advancing safety and efficiency in commercial vehicle operations.
Stellantis, VW Shares Fall After US Tax Credit Cuts
Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to U.S. tax credits under tougher rules that took effect this week.
Bendix Sells Steering, Pump Specialist R.H. Sheppard
A private equity firm bought steering and engine pump manufacturer R.H. Sheppard from Bendix Commercial Vehicle Systems for an undisclosed sum, the brake and active safety software specialist said.
Biden Eases Rules for Hydrogen Tax Credits
The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.
Manhattan Congestion Toll Faces Last-Ditch Legal Fight
New York’s controversial plan to charge drivers a toll for entering Manhattan’s central business district starting on Jan. 5 is facing a last-ditch challenge from neighboring New Jersey.
Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel
Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.
Tesla Cybertruck Joins List of EVs Eligible for US Subsidy
The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.
In 2025, Will Trump Administration Be a Friend of Trucking?
In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.