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GM's RenCen headquarters in Detroit 'at risk' without tax credits?

According to The Detroit News, General Motors has gone on record as suggesting that without state tax credits designed to keep 2,500 employees ensconced at its Detroit Renaissance Center headquarters, the automaker could pull out of Motown's skyline and into the suburbs and surrounding areas. As the story goes, transcripts from the Michigan Economic Development Corp. say that the Michigan Economic Growth Authority needs to amend a slate of already-approved tax credits to include the Renaissance Center. The requested amendment reportedly ... Read more →

GM's Lauckner wishes for bigger incentives to get drivers out of gas-powered vehicles Sam Abuelsamid

At this point, it's no secret that the Chevy Volt and other plug-in vehicles are not going to come cheap. About the least pricey full-speed electric vehicle may very well be the Nissan Leaf, which ...

Senator calls for tax incentives on all new-car sales Dan Roth

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 ...

City of Flint gives GM tax breaks for Cruze and Volt factory Jonathon Ramsey

Giveth, and taketh away, isn't that always the story? On the taketh away side, GM has recently lost a serious chunk of change. On the giveth side, The General received a $56 milion package of tax ...

Toyota hybrids hit the magic number Erin Mays

As far as the Internal Revenue Service is concerned, Toyota Motor Company has hit the magic number. The company is expected to announce the sale of its 60,000th hybrid vehicle, coincidentally the ...

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U.S. Supreme Court rules in favor of DCX on Ohio tax incentives 3 years ago on Autoblog

Yesterday the U.S. Supreme Court overturned a decision by the Sixth U.S. Circuit Court of Appeals that ruled the state of Ohio's decision to use tax incentives to attract DaimlerChrysler's business was unconstitutional. Ohio had granted DCX an investment tax credit after the company decided to build ...

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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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tax incentives Subscribe