The U.S. is looking into ending the 50-year long Chicken Tax, which is a 25-percent tariff on all imported trucks.
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Starting with the 2014 model year, the Ford Fusion mid-size sedan will come with six powertrain options now that a 1.5-liter EcoBoost engine is being added.
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A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems.
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A report from the Mineta Transportation Institute seems to indicate that some Americans are willing to support the federal transportation revenues though paying higher taxes.
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If you’re wondering how to sell the controlling stake in a major car company for 4.5 billion euros and leave the tax collector hanging without legal worry, just ask Porsche.
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Against the odds, a letter carrier in Las Vegas won a Tesla Roadster playing penny slots. Needless to say, the odds of winning a six-figure prize by playing those games are stacked against you.
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For all the talk of “tax cuts” in our national discourse, Americans have nothing on our friends in former Soviet bloc states. These photos from the Ukraine show a novel method of getting around the high tariffs placed on imported used vehicles in many parts of the world. According to photos, vehicle importers in the...
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Federal legislators have begun examining ways to tax highway users based on Vehicle Miles Traveled (VMT) as a way to bring up shortfalls to the Highway Trust Fund. A concern is that as fuel-efficient hybrids and plug-in cars increase, fuel tax generated revenues will do little for the already insufficient funding base. In a Congressional...
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Think the $41,400 sticker price for a BMW 335i is bad? Be glad you don’t live in Singapore where the same model will run you $260,000, about what an Italian exotic would retail for in the United States. Singapore residents who want a private vehicle must pay for a special permit that allows them to...
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The government of Canada is auctioning off a Lamborghini Countach, with bids starting at the low price of $58,000. The vehicle was forfeited to the Canada Revenue Agency (the Canadian IRS) with only 54,000 miles on the clock. The vehicle was originally listed for an opening price of $70,000 but failed to get a single...
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