Manufacturers will no longer get a credit toward vehicle emissions standards by installing engines that automatically stop at red lights.
Category: Tax Credits, Deductions and Exemptions
-
Trump Administration Ends Credit for Start-Stop Feature in Cars
The New York Times – Business: -
States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire
The New York Times – Business:State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes.
-
Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
-
Ford Will Make a Play for a Different Battery Market
The New York Times – Business:The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
-
Tesla Profit Slumps, but Investors May Not Care
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.
-
G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
-
Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
-
G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.
-
Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
-
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
-
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
-
Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.