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IRS updates FAQs for new, previously owned, and qualified commercial clean vehicle credits
The Internal Revenue Service updated frequently asked questions to provide guidance related to eligibility rules, income limitations, transfer rules and dealer registration for the mew, previously owned and qualified commercial clean vehicle credits. -
Rebounding from the "blue screen of death"
In what has been described as the biggest IT failure in history, 8.5 million computers running Microsoft Windows were hit with the dreaded blue screen. Although Microsoft stated that less than 1 percent of its global footprint was affected, the global outage wreaked havoc. From the U.S. to China and Australia, basic services in nearly every business category came to a screeching halt. Where... -
IRS reminds car dealers and sellers to be aware of phishing scams
The Internal Revenue Service would like to remind car dealers and sellers to be aware of evolving phishing and smishing scams that could impact day-to-day operations of the business. In light of the recent ransomware attack aimed at car dealers, the IRS is warning individuals and businesses to remain vigilant against these attacks. Fraudsters and identity thieves attempt to trick the recipient into clicking... -
Will the VW / Rivian partnership last longer Danny and Sandy's "Summer Love"?
A month ago, on June 25, Volkswagen Group made headlines by announcing a significant investment of $1 billion in Rivian Automotive. The automaker also stated its intention to increase its stake in the EV start-up by an additional $2 billion over the coming years. -
Wards Auto: How dealers can win over Gen Z buyers
This year’s Urban Science/Harris Poll offers welcome news for dealers looking to boost profits, gain customers, and build loyalty. Data shows Generation Z consumers highly value dealerships, even more than just a year ago. -
A 12-Volt Thunderdome May Be Coming
In the spring, hot off the heels of the Auto Expo move-in and just after meeting with the fire department and Duke Energy Convention Center management to discuss how we would safely disable EVs for our event, the Wall Street Journal (WSJ) headline “Old battery woe plagues new EVs” caught our eye. The low-voltage battery has a long history in the automotive world. The electric starter...