Tax CreditFord loses bid for $445 million in interest on income taxes 12:37 pm U.S. ET | Dec. 17, 2012 Ford can't collect $445 million in interest on overpayment of income taxes, an appeals court ruled, saying the Internal Revenue Service didn't improperly calculate what the company was owed.... Read More »
GM weighs powertrain headquarters expansion in suburban Detroit 1:43 pm U.S. ET | Oct. 9, 2012 General Motors may expand its global powertrain engineering headquarters in suburban Detroit, where an $87.6 million tax abatement has been approved.... Read More »
U.S. policies promoting electric cars to cost $7.5 billion by 2019 6:16 pm U.S. ET | Sept. 20, 2012 U.S. federal policies to promote electric vehicles will cost $7.5 billion through 2019 and have "little to no impact" on overall national gasoline consumption over the next several years, the Congressional Budget Office said in a report issued on Thursday. Consumer tax credits for buying electric vehicles, which can run as high as $7,500 per vehicle, will account for about 25 percent of the $7.5 billion cost, the CBO said.... Read More »
Ford, other manufacturers split on U.S. tax breaks, corporate rate 5:04 am U.S. ET | July 20, 2012 Tax directors at Ford and other large U.S. manufacturers are split on how much they are willing to give up in tax breaks in exchange for a lower corporate rate.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States - Service Manager
Performance Toyota -- Memphis, Tennessee, United States
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