WASHINGTON — The U.S. Treasury Department on Friday said it has modified how it is classifying vehicles that are subject to price caps in the Inflation Reduction Act's tax credit for consumers buying ...

I didn’t want to have to do this, but we need to talk. The levels of automation thought up by the Society of Automotive Engineers (SAE) are not what you think. It’s probably time that we let them go.

Consumers and automakers have succeeded in convincing the U.S. Treasury Department to reassess how it classifies electric vehicles for the purposes of applying tax credits. That means, for example, ...

Feb. 3 (UPI) --The United States Treasury Department on Friday updated the vehicle classification standard, which is used to determine the Manufacturer Suggested Retail Price limitation and whether a ...

KARACHI: A quiet tug-of-war is going on in the auto sector as a Chinese assembler and a local importer, who presents himself as an “automaker” despite having no production facility, is reportedly ...