Saturday, December 31, 2022

Dealer anniversaries

Dealer anniversaries https://ift.tt/cwmiJFv

Dealers featured this week include Tommy Alexander, vice president of Alexander Ford in Boaz, Ala.; and James Boyle, owner of Tuck’s Trucks, a GMC dealership in Hudson, Mass.

Friday, December 30, 2022

McLaren's U.S. dealers seeing high profitability, freshened facilities

McLaren's U.S. dealers seeing high profitability, freshened facilities https://ift.tt/vB1z8jL

For McLaren Automotive's small group of U.S. dealers, it's a time of high profitability and new or freshened facilities, says Nicolas Brown, McLaren's president of the Americas.

Thursday, December 29, 2022

Obituary: Walter Raymond Page

Obituary: Walter Raymond Page https://ift.tt/Uc2GJIj

The president of Bill Page Toyota in Falls Church, Va., died Dec. 12. He was 76.

Commercial EV tax credits can be applied to consumer leases, U.S. Treasury says

Commercial EV tax credits can be applied to consumer leases, U.S. Treasury says https://ift.tt/Aqgtl6v

The credits can be used to reduce leasing prices. However, the new guidance does not change the definition of what constitutes North American assembly to make more vehicles eligible for EV purchases.

Friday, December 23, 2022

LIFO relief for dealers passes Senate; no vote from House

LIFO relief for dealers passes Senate; no vote from House https://ift.tt/6Nsv4Wg

The Supply Chain Disruptions Relief Act, designed to give dealerships that use the "last in, first out" inventory accounting method tax help as they restock their inventories.

LIFO relief for dealers passes Senate; fate in House undecided

LIFO relief for dealers passes Senate; fate in House undecided https://ift.tt/348D9XA

The Supply Chain Disruptions Relief Act, designed to give dealerships that use the "last in, first out" inventory accounting method tax help as they restock their inventories.