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