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US: lawmakers want fund boost for highways and bridges


The US Highway Trust Fund – which finances road and bridge projects – is set to receive a short-term cash boost, while Congress discusses long-term plans, according to the Senate Finance Committee’s two top lawmakers. According to Committee Chairman Ron Wyden, a Democrat and the panel’s top Republican, Orrin Hatch, the fund needs a fast short-term cash infusion to allow it ...
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More tax articles

Singapore caps luxury and supercar sales
After the government instituted measures that would tackle the nation’s growing social inequality, sales of supercars in Singapore have tumbled by up to 90 %, registering their lowest levels in ...
Chairman: FCA moves tax base to UK to lure investors
The Italian car maker's chairman told Italian daily La Stampa in an interview that Fiat wants to establish the tax domicile of the new Fiat Chrysler Automobiles group in the ...
US Congress could raise gas taxes in 2014
With the US Congress facing a major shortfall in transportation funding next year, Congress is eying a boost in the federal gas tax to make up the difference. Rep. Earl Blumenauer ...
Ford gets new US court hearing on $445M interest bid
To resolve a long-running Ford tax dispute on whether the automaker is entitled to $445 million in interest on taxes it overpaid the U.S. Supreme Court on Monday sent it ...
State Senate Approves Tax Cut For New Cars
Today, February 6th, the state Senate approved the legislation according to which sale tax of new cars and boats will be collected in Michigan by exempting the allowance for trade-ins. Sen. ...
Greece: There are more Porsche Cayennes than tax payers who can afford them
A weird situation has come to light in Greece and after the country is close to entering default, recent surveys have shown that there are actually more Porsche Cayenne SUVs ...
Hurry – Hybrid and diesel tax credits are expiring
If you’ve been putting off buying a hybrid or diesel vehicle, don’t wait any longer. The tax credits are set to expire December 31 of this year. “Hybrid, diesel and compressed ...

latest automotive news
Justin Bieber’s Ferrari 458 Italia is now matte red
Famous Canadian pop star’s Ferrari 458 Italia has suffered some new modifications as the supercar is now wearing a matte ...
First factory right-hand drive Ford Mustang shown
The image with the first factory right-hand drive Ford Mustang is suggesting a market expansion for the popular muscle car, ...
Mercedes-Benz C-Class Sedan gets updated by Brabus
Brabus Media Center has released the details on an upgrade package aimed towards the new generation of the Mercedes-Benz C-Class ...
Facelifted BMW 6-Series caught on the open road
A facelifted version of the BMW 6-Series has been spotted on the open road while it was being tested. The German ...
Lotus Elise S Cup R road-going spied
Our spy photographers have managed to capture the new Lotus Elise S Cup R road-going version while it was being ...
New Renault Twingo arrives in the UK
Renault has introduced the new generation of the Twingo in the United Kingdom where the model in question is available ...
Canada: longer-term loans buoy car sales
The North American country is still battling debt issues, but car buyers are increasingly choosing to stretch their loan in ...
Infiniti is teasing something for Paris, any idea what it is?
Nissan’s luxury brand Infiniti has released a teaser image with an upcoming mystery concept car, which will be officially presented ...
[VIDEO] Mercedes-Benz S-Class Maybach caught in action
A new body style of the Mercedes-Benz S-Class, the Maybach, has been recently caught on camera while it was being ...
US: five car brands that have low brand loyalty
Just a few years after the latest economic crisis, the US auto industry looks brighter than ever – with sales ...
BMW M4 gets crashed in London
A brand new BMW M4 Coupe has been recently involved in a serious crash in London, which has also seen ...
Tesla’s Gigafactory competition heats
The California-based electric carmaker has jumped from startup status to the provider of the biggest US economic development plan in ...
2015 Corvette Z06 order guide leaked
The order guide for the 2015 Chevrolet Corvette Z06 has recently leaked all over the web revealing some interesting details ...
Chevy’s Corvette can spy on valets
Valet joyrides – like the one in the cult hit of the 1980s “Ferris Bueller’s Day Off” – have been ...
Maserati Alfieri Concept making U.S. debut
The Maserati Alfieri Concept has recently made its local debut in the United States, as the one-off model has been ...
[VIDEO] See the Lexus NX being produced
Toyota’s luxury brand Lexus has released a couple of videos with the brand new NX crossover, which is being shown ...
Magna considering new purchases
As the company – the largest auto parts maker in North America – distances from the strategy envisioned by its ...
Recall roundup: Several Ford vehicles for three different problems
Ford has recently issued three different recalls for several vehicles because of some different problems which are affecting a lot ...