The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This potential move, part of the transition team’s energy-policy discussions led by figures like oil magnate Harold Hamm and North Dakota Governor Doug Burgum, could significantly impact the U.S. EV market, which…
Good morning! It’s Thursday, October 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Posts Wildly Good Q3 Results We may all have…
The UAW is urging its members at Stellantis to get ready to OK a strike against the automaker. In a letter Friday, UAW President Shawn Fain and Kevin Gotinsky, director of the union’s Stellantis Department, made the case for a strike against the automaker that owns the Jeep, Ram, Chrysler, Dodge and Fiat brands. The…