A new tax break on auto loan interest may help 4 million car owners
If you're one of the millions of Americans who purchased a new car last year, you could benefit from a...
Tax
Cox Automotive Forecast: August New-Vehicle Sales Maintain Strong 16.0 Million Pace as EV Demand Surges Ahead of Tax Credit Expiration
ATLANTA, Aug. 27, 2025 – August new-vehicle sales, when announced next week, are expected to remain healthy, as tariff-driven price...
New tax break for auto loans could save some buyers thousands of dollars. But will it boost sales?
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s...
New GOP Car Loan Tax Deduction: Which Vehicles and Buyers Qualify
Last year, data show Americans drove away from dealerships with more than 15 million new vehicles, with roughly 80% of...
Congressman proposes auto loan tax deduction to offset tariffs
The impact and history of autos in Detroit, The Motor CityHere are some facts about Detroit's auto industry.Rep. Bill Huizenga...
Bernie Moreno, former car dealer, pushes tax cuts to auto industry
EXCLUSIVE — Sen. Bernie Moreno (R-OH), an auto-dealer-turned-politician, will unveil Tuesday his first piece of legislation covering his former industry...
Electric vehicle tax credit under Trump is uncertain : NPR
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership in Glendale, Calif., in August....
Trump’s promise to tax imported goods could spell trouble for US auto industry | Automotive industry
Few vehicles are as emblematic of the American auto industry’s might as the Ford F-150 pickup truck, the nation’s best-selling...
Popular vehicle type tipped to use loophole to avoid Rachel Reeves car tax hikes
Owners of double cab pick-up trucks can avoid a massive tax hike by acting before the April 2025 deadline, tax...
