Motor Motoring Motors Tax 
Baua Electric
JANUARY 17, 2024
Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. This countered the appeal from Toyota for lowering the tax on hybrid cars.
Teslarati
JANUARY 3, 2024
General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.
Green Car Congress
MAY 4, 2020
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ?
Teslarati
FEBRUARY 5, 2024
Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. Apart from the Model 3 Long Range Dual Motor AWD, the vehicle is also available in Rear Wheel Drive (RWD) trim. Previously, the vehicle was priced at $45,990 before options.
Electrek
FEBRUARY 6, 2024
Two years after pivoting its business strategy toward the development of commercial EVs, Bollinger Motors has earned IRS approval for federal tax credits under the Inflation Reduction Act, offering fleet customers potential tax credits up to 40,000 per vehicle.
Baua Electric
MAY 10, 2024
Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. Apart from Maruti Suzuki, automakers including Toyota and Honda also offer hybrid vehicles.
Baua Electric
MAY 10, 2024
Tata Motors’ net profit for the fourth quarter of 2023-24 jumped over three-fold on a year-on-year with robust performance in all divisions. The profit soared significantly on the back of a one-time benefit in the form of deferred tax write-back during the period. crore in deferred tax write-back during the fourth quarter.
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