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Senator calls for tax incentives on all new-car sales

When automakers are throwing thousands of dollars of incentives on the hoods of their wares in an effort to stimulate sales, what good would another $1,500 on a $25,000 car do? As the recent sales numbers show, buyers aren't being taken in by the constant sounding of the "SELL SELL SELL!" klaxon. Great deals on new cars are out there to be had, if only anyone had some money. Senator Barbara Mikulski of Maryland thinks that the economic panic can be partially abated by allowing buyers of new vehicles to deduct auto loan interest, fees, and sales ... Read more →

Jetta TDI buyers to get $1,300 back from the IRS Sam Abuelsamid

Now that Toyota has sold so many Priuses that the popular hybrid no longer qhalifies for federal tax credits, and they are essentially sold out until the new generation cars show up next year, people ...

Hybrid tax credits hit the redline Stuart Waterman

U.S. federal tax breaks for buyers of hybrid cars will start shrinking this fall, with Toyota hitting the production limit of 60,000 units after only five months of sales. The declining scale for tax ...

New York Auto Show: Honda to NY Civic buyers: "Phill 'er up!" Chris Paukert

Honda announced today that it is bringing to market a compressed natural gas (CNG) motivated Civic GX to New York buyers this fall. According to the automaker, the GX will put out 'near zero ...

Ford sets up hybrid hotline for tax season John Neff

Since you’re paying a premium for that hybrid in the garage it’s important to get back every penny of that purchase you’re entitled to. If you purchased either a Ford Escape or ...

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PSA: Still time for the U.S. hybrid tax credit 3 years ago on Autoblog

Looking for an easy tax credit? Look no further than the U.S. tax credits for hybrid vehicles. While the program's days are numbered, our friends over at Treehugger tell us that the program isn't extinct yet. 60,000 vehicles is the magic number of hybrid each manufacturer can sell ...

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Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

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