The automotive industry has been abuzz with talk of the auto loan interest deduction included in the One Big Beautiful Bill — the sweeping federal tax and spending plan that was signed into law on July 4 by President Trump. ...more
7/23/2025
/ Automotive Industry ,
Automotive Loans ,
Borrowers ,
Consumer Financial Products ,
Dealers ,
Executive Orders ,
Interest Rates ,
Loans ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Deductions ,
Tax Planning ,
Tax Reform ,
Trump Administration
The Trump administration has announced a 25% tariff on imported passenger vehicles and auto parts — on top of existing duties — potentially reshaping pricing, sourcing and production strategies across the auto industry. The...more
Scout Motors, an electric vehicle subsidiary of Volkswagen, plans to sell its recently unveiled first two models directly to consumers, much to the dismay of the National Automobile Dealers Association (NADA) and automotive...more