The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. The company recently announced an expansion to its U.S.

Dealers 98

Dealers North Carolina Tax Credit Vietnam 98

The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

Dealers 105

Dealers Auto Durango Tax Credit 105

Blink Charging

DECEMBER 19, 2023

We signed agreements to bring Level 2 charging to Arcos Dorados’s McDonalds franchises in Puerto Rico and to bring DC fast charging to Royal Farms convenience stores in the Mid-Atlantic. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

Tax Credit 52

Tax Credit Puerto Rico North America Tax 52

Blink Charging

OCTOBER 31, 2023

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

Tax Credit 74

Tax Credit Tax Purchase Alternative Fuels 74

The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Treasury Department said participating dealers will be able to register via an online IRS portal in the next few months.

Cash For Clunkers 103

Cash For Clunkers Dealers Tax Credit Tax 103

Cars That Think

OCTOBER 26, 2021

You would tell it where you want to go—and since this is a trip, you make several times a year, you would have it as a stored destination—and you would tell the car, okay, give me a route and the car will route you via DC fast chargers. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.

Electric Vehicles 94

Electric Vehicles Charging Vehicles Electric 94

Cars That Think

OCTOBER 26, 2021

You would tell it where you want to go—and since this is a trip, you make several times a year, you would have it as a stored destination—and you would tell the car, okay, give me a route and the car will route you via DC fast chargers. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.

Electric Vehicles 92

Electric Vehicles Charging Vehicles Electric 92