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Stock impact report

These autos quality for Secretary Bessent's $10,000 auto loan relief program [Yahoo! Finance]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Yahoo! Finance
Treasury Secretary Scott Bessent announced that the government is working on a significant tax break that would offer some much-needed relief to car buyers who are struggling to afford a new vehicle. GM : 2.83 million vehicles (+5.1% year over year); 17.3% market share Toyota : 2.52 million vehicles (+8.4% YoY); 15.5% market share Ford : 2.18 million vehicles (+5.6% YoY); 13.4% market share Hyundai : 1.84 million vehicles (+7.9% YoY); 11.3% market share Honda : 1.42 million vehicles (+0.6% YoY); 8.8% market share Source: Cox Automotive The Treasury announced it is implementing a No Tax on American Car Loan Interest rule that offers eligible taxpayers a $10,000 deduction per year in auto loan interest for cars purchased during Trump's second term. “For millions of Americans, a car isn't a luxury, it's how you get to work, school, and childcare,” Bessent said on X “This deduction helps lower monthly costs and makes car ownership more affordable when families need it mo Show less Read more
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