Cars: Unusual loophole helps car buyers get into a new EV for less money

The Detroit 3 had an advantage under the initial Inflation Reduction Act to offer consumers a tax credit on EVs. Now, a loophole helps foreign makes.

Advertisement Read in browser Read in browser Cars Sat Jul 8 2023 Unusual loophole helps car buyers get into a new EV for less money The Detroit 3 had an advantage under the initial Inflation Reduction Act to offer consumers a tax credit on EVs. Now, a loophole helps foreign makes. READ MORE Advertisement Experts are paying close attention to auto stocks Talk of economic gloom and doom last summer — and early in 2023 — seems to be dwindling. And that's good news for auto sales and auto stocks. READ MORE Honda recalls 124,000 vehicles for brake issue, including Civic, Pilot Certain years of the Honda Civic, Ridgeline, Passport, Pilot and Acura MDX are all included in the recall. READ MORE Why the cost of buying a new car just soared The number of car buyers paying $1,000 a month in auto loan financing has hit an all-time high, driven up by car shortages and high interest rates. READ MORE Check recalls: Ford, BMW and Porsche among 15,000+ vehicles recalled About 15,600 vehicles from Ford, Lincoln, BMW and Porsche were recalled last week; 14,452 were Ford Fusion Plug-in Hybrid EVs for a battery issue. READ MORE I never thought I'd say this about a Jeep Wrangler | Car review Wrangler added laminated glass, insulating foam and other goodies to reduce noise inside the cabin by a whopping 5 decibels. READ MORE World's first flying electric car gets FAA approval Alef Aeronautics' 'Model A' has a driving range of 200 miles and a flight range of 110 miles. The company plans to start delivering cars by late 2025. READ MORE This Ford Bronco comes with a drone and it's going on wildfire duty. The highly customized Bronco SUV to help emergency wildfire crews, is going to Bandalier National Monument. READ MORE Jeep-parent Stellantis launches business unit to ease charging anxiety The unit will manage a service called Free2move Charge to deal in everything from home charging wall boxes to public charging network aggregation. READ MORE States rethink fuel tax as revenue plummets thanks in part to EVs Without action, the gap between states' gas tax proceeds and their transportation budgets could reach $67 billion by 2050, according to one estimate. READ MORE Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ SEE ALL NEWSLETTERS ➔ Advertisement Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback