The Trump Admin.’s budget bill is done and EV credits disappear this September, but automakers and dealers get a new tool to work with: a tax deduction for individuals making under $100,000 or couples making under $200,000 to deduct interest on a new U.S.-made vehicle purchased in 2025 through 2028.
WardsAuto Senior Editor David Kiley talks the skinny on the bill, and we also revisit a chat with Stellantis’s Tim Kuniskis from earlier this year. The Ram CEO has just been given more responsibility, overseeing marketing and the Chrysler, Dodge, Jeep and Fiat brands in North America, as well as helming a reborn SRT performance division.