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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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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
UBS reducing F1 sponsorship
Sep.1 (GMM/Inautonews.com) Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services ...
Corvette Museum to fill car-nabbing sinkhole
The National Corvette Museum’s board of directors in Kentucky voted to fill an entire hole that opened up in February ...
California lawmakers adjourn without helping Tesla
Californian lawmakers are set to postpone the idea of coming up with incentives to tempt Tesla Motors Inc. to build ...
Tesla vs. dealerships dispute heightens in Georgia
Tesla Motors Inc., which has previously fought U.S. dealers over direct sales of its electric cars, has to face a ...
Japan car sales hit lowest point since 2011
The auto sales in Japan have reached a three-year low last month, showing a decline in what the consumers are ...
Fiat-Chrysler to see New York stock market listing in October
CEO Sergio Marchionne said on Saturday that Fiat-Chrysler plans to list shares of the soon to be merged carmaker in ...
[Video] Land Rover learns survival skills from Bear Grylls
The well-known television star, British survivalist and Mount Everest conqueror Bear Grylls has became Land Rover’s new global brand ambassador. The ...
[Video] Jaguar prepares XE S reveal on September 8 with hot teaser
The British brand has prepared a teaser video that spearheads the online unveiling of the 2015 XE S. The full ...
Saab carmaker NEVS wins creditor protection
China’s National Electric Vehicle Sweden (NEVS), the owner of the Saab automaker since 2012, has won protection from creditors thanks ...
[Video] Mopar offers preview of 2015 Dodge Challenger Drag Pak Test Vehicle
During the NHRA US Nationals in Indianapolis, Chrysler’s performance division Mopar showed off with its Challenger Drag Pak Test car ...
US auto sales remain balanced as the summer ends
Compared to last year, the U.S. auto sales in August will be about the same, continuing the recovery from the ...
New Opel Corsa configurator launched
The subcompact model is utterly important to Opel’s revival strategy, being the brand’s bestseller. So, no detail has been left ...
Great Wall is building a Russian Plant
China’s largest SUV maker, Great Wall Motor Co. has announced it has started construction of a $520.7 (3.2 billion yuan) ...
Chrysler merger with Fiat is on track
Fiat said that its merger with Chrysler is on track after a tally of shareholders votes showed there are no ...
Another exec at FAW investigated by China’s watchdog
China’s anti corruption enforcers are probing another former senior executive of the FAW Group, the latest target in the series ...
[Videos] BMW releases huge gallery for the M4 Cabrio
The long-awaited M4 Cabrio is arriving quite late in the year, with the summer all but ready to make way ...
US: California ranger found asleep with beer between legs
If the California State Parks ranger escapes without losing his job and DUI charges, he’s not going to be the ...
Nissan reveals pricing details for the 2015 Rogue
The Japanese automaker has officially released pricing info for the US market of the 2015 model year Rogue, with the ...