tax credit

Something interesting happened on the way to make the 2014 Fiat 500e a real car. As the idea for the car was bandied about in public for many years, Fiat-Chrysler CEO Sergio Marchionne complained bitterly, saying the only reason the car was coming to market was because mean ol' California was ...

Nationwide Insurance tries to attract potential customers on its so-called "vanishing deductible." Toyota is offering a somewhat similar "vanishing price tag" on its battery-electric RAV4 EV. The Japanese automaker, which recently started selling the all-electric 'ute in California, is offering ...

The conservative movement in the U.S. has taken a decidedly negative approach to the Affordable Care Act (or ObamaCare, as some call it). What we didn't know was that the law is like having to buy a Chevrolet Volt. That's what Louisiana Governor Bobby Jindal said while he was talking about how ...

What happens when the federal government wants to "pick a winner" but the auto industry decides the time isn't quite right for that winner to emerge? We might be about to find out. Again. A recent article in Automotive News details the diverging roads that the industry and the Obama ...

The all-electric SUV conversions from Amp – gas-free versions of the Mercedes-Benz ML and the Jeep Grand Cherokee – now qualify for the $7,500 federal tax credit from the IRS. Amp CEO Jim Taylor said in a statement that the announcement couldn't come at a better time. "Given the ...

The UK's inclusion of battery-electric delivery vehicles in its alt-fuel rebate program makes Renault's Kangoo Van Z.E. eligible for the incentive, the French automaker said. With the new plug-in program providing a rebate of as much as 20 percent of a new EV's price, Kangoo Van Z.E. buyers may ...

As a candidate, Barack Obama promised to try and get a million plug-in vehicles on U.S. roads by 2015. In his State of the Union address in 2011, he repeated that number and proposed turning the $7,500 tax credit into a point-of-purchase rebate. That hasn't yet happened, but in the President's ...

The UK government has extended its tax credit for electric-vehicle buyers to 2015 and will now include electric vans in the generous incentive. UK electric-vehicle buyers will receive a credit for as much as 25 percent of the value of their new vehicle, up to 5,000 British pounds, or just under ...

Is there any car out there that draws more political fire than the Chevy Volt? Sure, people rag on the Nissan Leaf for its limited range and on a bunch of cars – the Murano CrossCabriolet, the Acura ZDX, the Juke – for their styling, but the Volt really seems to have a special ...

Senate Democrat Max Baucus, the chairman of the finance committee, has scrutinized President Obama's proposal to convert the $7,500 tax credit for plug-in vehicles to a point-of-purchase rebate, according to Automotive News (sub. req.) and thinks there's a potential problem. In February, Obama ...