U.S. tax credit proposal would give Big Three big advantage

September 13, 2021

U.S. lawmakers want to expand the tax credits for electric vehicles to include “significantly higher subsidies for union-made zero-emission models” assembled in the U.S., according to Autoblog. The proposal they laid out would give Detroit’s Big Three automakers a big competitive advantage, and has garnered criticism from some foreign OEMs. Honda said in a statement that its workers “deserve fair treatment from Congress and should not be penalized for their choice of a workplace.” (Source: Autoblog) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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