GM will have the most EVs eligible for tax incentive on new IRS list

The newest list of cars that will be eligible for the new electric vehicle tax credit under the Inflation Reduction Act shows the Detroit Three automakers and Tesla leading the way, with General Motors offering the most. Under the government’s new rule, consumers can get up to $7,500 back in tax credits on eligible electric… Continue reading GM will have the most EVs eligible for tax incentive on new IRS list

Supreme Court won’t take on GM’s racketeering case against Stellantis

The U.S. Supreme Court will not take on a dismissed racketeering case General Motors brought against Fiat Chrysler Automobiles, now known as Stellantis. The denial was included in a daily order list from the court on Monday. The decision by the nation’s highest court would appear to signal the end for a federal lawsuit originally… Continue reading Supreme Court won’t take on GM’s racketeering case against Stellantis

U.S. Supreme Court won’t hear GM’s 2019 racketeering lawsuit against Fiat Chrysler

The U.S. Supreme Court has denied a request from General Motors Co. to hear its racketeering lawsuit against crosstown competitor Fiat Chrysler Automobiles, now known as Stellantis NV. GM in January asked the justices to review its claims against FCA after the U.S. 6th Circuit Court of Appeals in August affirmed a federal judge’s decision to toss… Continue reading U.S. Supreme Court won’t hear GM’s 2019 racketeering lawsuit against Fiat Chrysler

@Groupe PSA: PR MEDIA ADVISORY: Stellantis to Announce First Quarter 2023 Shipments and Revenues on May 3005524

AMSTERDAM – Stellantis N.V. announced today that its First Quarter 2023 Shipments and Revenues will be released on Wednesday, May 3, 2023. A live audio webcast and conference call of the Q1 2023 Shipments and Revenues will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Wednesday, May 3, 2023. The related press release… Continue reading @Groupe PSA: PR MEDIA ADVISORY: Stellantis to Announce First Quarter 2023 Shipments and Revenues on May 3005524

Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

(Reuters) — The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to… Continue reading Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

@FCA: Hagan in Victory Lane for Third Time in 2023 With Dodge Charger SRT Hellcat Win in Four-Wide Nationals

April 17, 2023 , Las Vegas – Matt Hagan continued his impressive 2023 NHRA Camping World Drag Racing Series performance Sunday at the Strip at Las Vegas Motor Speedway in the Four-Wide Nationals with his third Funny Car win in four events in the Tony Stewart Racing (TSR) Haas Automotive Dodge Charger SRT Hellcat. Hagan, the three-time… Continue reading @FCA: Hagan in Victory Lane for Third Time in 2023 With Dodge Charger SRT Hellcat Win in Four-Wide Nationals

@FCA: 6 Horas de Portimão – Primer top 5 para el equipo Peugeot TotalEnergies

17 de abril de 2023 , Ciudad de México – Las 6 Horas de Portimão, segunda prueba del Campeonato del Mundo de Resistencia FIA 2023, comenzaron a las 12h (hora local) en la pista del Autodromo Internacional Do Algarve. Paul Di Resta, al volante del PEUGEOT 9X8 #93 tomó la salida desde el pitlane tras un… Continue reading @FCA: 6 Horas de Portimão – Primer top 5 para el equipo Peugeot TotalEnergies

VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

April 17 (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla (TSLA.O) Model 3 Standard Range Rear… Continue reading VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

NEW YORK, April 17, 2023 /PRNewswire/ — The automotive market in Singapore is estimated to grow by 18,191 actual units from 2022 to 2027. The growth momentum will be progressing at a CAGR of 6.03% during the forecast period. The market is segmented by propulsion (IC engine-based vehicles and electric vehicles), vehicle type (passenger cars and commercial vehicles),… Continue reading Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

Keshub Mahindra: The man who saw it all

I met Keshub Mahindra for the last time in October 2019 at an impromptu meeting at his Gateway of India office. His nephew Anand, whom I had come to meet, said, “Keshub uncle is in office, would you like to catch up with him?” That catch-up, which I expected to last for a few minutes,… Continue reading Keshub Mahindra: The man who saw it all