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The United States is home to the second largest passenger vehicle market of any country in the world, second to China since 2009. [1] Overall, there were an estimated 263.6 million registered vehicles in the United States in 2015, most of which were passenger vehicles. [2]
Vehicle size classes are series of ratings assigned to different segments of automotive vehicles for the purposes of vehicle emissions control and fuel economy calculation. . Various methods are used to classify vehicles; in North America, passenger vehicles are classified by total interior capacity while trucks are classified by gross vehicle weight rating (GV
Government departments often create classification systems for taxation or regulating vehicle usage (e.g. vehicles that require a specific license or are restricted to certain roads). Some jurisdictions may determine vehicle tax based upon environmental principles, such as the user pays principle.
The EV tax credit is a benefit offered by the government to encourage people to buy electric vehicles. You might think of it as a discount that you can get when you file your taxes.
In 1972, the Motor Vehicle Information and Cost Savings Act (Pub. L. 92–513, 86 Stat. 947, enacted October 20, 1972) expanded NHTSA's scope to include consumer information programs. Despite improvements in vehicle design and public awareness of issues like drunk driving, traffic fatalities have remained stubbornly high.
The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. This includes business, medical, moving or charitable purposes.
The Federal Motor Vehicle Safety Standards (FMVSS) are U.S. federal vehicle regulations specifying design, construction, performance, and durability requirements for motor vehicles and regulated automobile safety-related components, systems, and design features.
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