June 25, 2025
Financial Assets

Rep. Huizenga moves to make auto loans tax deductible

The impact and history of autos in Detroit, The Motor City Here are some facts about Detroit’s auto industry. Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for vehicles under 14,000 pounds purchased

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Intangible Assets

Looking for a car deal at pre-tariff pricing? Here’s what’s out there.

Jamie L. LaReau and Jackie Charniga  |  Detroit Free Press Trump’s auto tariffs to hit $460 billion of US vehicle, parts imports As Donald Trump’s 25% tariff on U.S. auto imports kicks in, the levies look set to upend the industry. A Reuters calculation shows the duties will hit some $460 billion worth of cars

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