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Top Auto Remarketing News
Electric VehiclesA $7,500 federal tax credit for buyers of new electric vehicles in the United States is set to end on Tuesday after President Donald Trump’s One Big, Beautiful, Bill phased it out seven years earlier than it was originally scheduled to expire. As the deadline approaches, some customers are reportedly jumping at the opportunity to buy an EV before the tax credit is gone. “We knew with the Sept. 30 deadline, it was now or never, so we did it,” Dan…See the Story
EV Buyers Rush to Beat Deadline as EV Federal Tax Credit Set to Expire
49% Center coverage: 8 sources
Auto · United StatesThe supplier of some of the automotive industry’s most well-known aftermarket parts has filed for Chapter 11 bankruptcy protection in Houston.
Privately held First Brands Group of Rochester, Michigan, on Sept. 29 filed for bankruptcy in the Southern District of Texas in order to stabilize its business operations and maximize ongoing value, the company said.
First Brands Group’s bankruptcy filing comes on the heels of a wave of similar filings on…See the Story
Auto Parts Supplier First Brands Group Files for Bankruptcy
100% Right coverage: 1 sources
