Toyota established operations in North America in 1957

 (source) Toyota established operations in North America in 1957 and currently operates 13 manufacturing plants. In addition, new plants are under construction in Ontario, Canada and Mississippi. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sold more than 2.9 million vehicles in 2007. Toyota directly employs over 43,000 in North America and its investment here is currently valued at more than $21 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $30 billion per year.

Toyota currently produces 11 vehicles in North America, including the Avalon, Camry, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra, Venza and the Lexus RX 350. When production begins in Ontario and Mississippi, Toyota will have 15 manufacturing plants with the annual capacity to build approximately 2.2 million cars and trucks, 1.49 million engines and 425,000 automatic transmissions.

 

Lexus RX 350

 

 

Amazon Fire

There are four current main versions of Amazon Fire tablets: the Fire 7, Fire HD 8, Fire HD 10, and Fire Max 11, which are distinguished by their screen size and performance. Each of these models also has a "Kids" version and several generations of each have been released over time, such as the Fire 7 (12th Gen, 2022) and Fire HD 10 (13th Gen, 2023). 

• Fire 7: The entry-level tablet with a 7-inch screen. 

• Fire HD 8: A step-up with an 8-inch screen and more RAM, available in a standard and "Plus" version.
• Fire HD 10: The largest standard tablet with a 10.1-inch display, also with a standard and "Plus" version.
• Fire Max 11: Amazon's premium tablet with an 11-inch display, an octa-core processor, and 4GB of RAM.
• Kids' versions: Each of the main models is available as a "Kids" version, which includes a kid-friendly case, a two-year guarantee, and a year of Amazon Kids+ content. 

Best New SUVs & Crossovers for 2025-2026

15 best new SUVs and crossovers that will dominate the roads in 2025 and 2026. 

Whether you're looking for cutting-edge technology, fuel economy, luxury, or reliable performance, there's something for every driver on this list. We've researched the latest models from leading automakers such as Audi, Mercedes, Alfa Romeo, BMW, Kia, Honda, and others to bring you the most exciting and innovative cars coming to market. 

1. Mazda CX-80 MSRP: $54,400 
2. Audi SQ6 e-tron Sportback Price: $ 118,743 
3. Honda CR-V ePHEV Adance Tech Price: $55,277 
4. Alfa Romeo Junior Veloce Price:$ 57,793 
5. Mitsubishi Outlander PHEV Instyle+ MSRP: $41,940 
6. Skoda Enyaq MSRP: $? BMW XM 50e Price: $136,145 
7. Mercedes-Benz G 580 meet EQ-Technologie Edition One MSRP:? 
8. Peugeot E-5008 GT MSRP:$34,972 
9. Kia EV9 ST Line MSRP: $75,000 
10. Suzuki Across Hybrid Price: $65,233 
11. Renault Arkana Esprit Alpine E-Tech MSRP: $ 41,179 
12. Lexus RX 500h F SPORT PERFORMANCE MSRP: $66,150 
13. Citroën C3 Aircross Hybrid MSRP: ?
14. Jeep Avenger MSRP : $30,661

'Big, beautiful, bill' car loan interest tax deduction

Trump's tax cut and spending package includes a deduction of up to $10,000 for interest paid on the car loans.

• To qualify for the tax deductions, vehicles must meet several conditions, including final assembly in the U.S.
• More than 100 vehicles currently qualify for the U.S. final assembly condition.
• https://www.cars.com/american-made-index/
• https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors

 

Specific limitations significantly restrict who can benefit from the new deduction:

• Purchase Date: The vehicle must have been bought on or after Jan. 1.
• U.S. Assembly: The car must be for personal use and assembled in the United States. For such vehicles, the VIN starts with 1, 4, or 5.
• Income Thresholds: The deduction starts to phase out at a modified adjusted gross income of $100,000 for single filers and $200,000 for joint filers. A deduction is not available for single filers with a MAGI over $149,000 or joint filers with a MAGI over $249,000.

• Additionally, the loan on the vehicle must be a standard and secured auto loan. Refinanced loans may also qualify under certain conditions. The car's vehicle identification number (VIN) must also be reported on tax returns in order to qualify. Deductions do not need to be itemized, according to the new law.

more at https://finance.yahoo.com/news/one-big-beautiful-bill-promises-165300543.html

WASHINGTON - President Donald Trump's "big, beautiful bill" was signed into law earlier this month touting several tax deductions, including of up to $10,000 for interest paid on the car loans of qualified vehicles.

However, both the vehicles and the loans must satisfy a number of conditions in order to qualify.

What we know:

The new law states that qualified vehicles include cars, vans, minivans, SUVs, pickup trucks and motorcycles that weigh less than 14,000 pounds that have at least two wheels, and are purchased new, not used, between 2025 and 2028 for personal use.

The final assembly of the vehicle must also take place in the United States, which currently includes over 100 brands and models, according to Cars.com.

Vehicles assembled in the US

• Acura: Integra, MDX, RDX, TLX, ZDX
• BMW: X3, X4/X4 M, X5, X6, X7, XM, X% PHEV
• Cadillac: CT4, CT5, CT5-V, Escalade, Escalade ESV, Lyriq, XT4, XT5, XT6
• Chevrolet: Colorado, Corvette, Silverado, Silverado HD, Suburban, Tahoe, Traverse, Blazer, Malibu, Trax
• Ford: Mustang, Bronco, Escape, Explorer, F-150, F-150 Lightning, F-150 Huybrid, F-250/350, Transit, Ranger, Expedition, Expedition Max
• GMC: Acadia, Canyon, Hummer EV, Sierra, Sierra HD, SIerra 1500, Yukon, Yukon XL
• Honda: Accord, Accord Hybrid, Civic, Civic Hybrid, CR-V, CR-V Hybrid, Odyssey, Passport, Ridgeline, Pilot
• Hyundai: Santa Fe, Santa Fe HEV, Tucson, Ioniq 5, Santa Cruz
• Jeep: Wrangler, Wrangler 4xe, Gladiator, Wagoneer, Wagoneer L, Grand Wagoneer, Grnad Wagoneer L, Grand Cherokee, Grand Cherokee 4xe, Grand Cherokee L
• Kia: Telluride, EV6, EV9, Sportage, Sorento
• Lincoln: Aviator, Corsair, Navigator, Navigator L
• Mercedes-Benz: GLE 450e, GLS 450, EQE 350+, GLE 350, GLS 580, AMG GLS 63, Maybach GLS 600, EQE 500, AMG EQE, GLE 580, AMG GLE 63,
• Tesla: Model 3, Model Y, Cybertruck, Model S, Model X
• Toyota: Camry, Corolla Cross Hybrid, Grand Highlander, Highlander, Sienna, Tundra, Highlander Hybrid, Tundra Hybrid, Sequoia, Grand Highland Hybrid, Corolla Cross, Corolla, RAV4 Hybrid, Coroll Hatchback
• Volkswagen: ID.4, Atlas, Atlas Cross Sport

The IRS is expected to create a resource listing qualifying vehicles and models, similar to existing resources for electric vehicle tax credits, to clarify which vehicles meet the final assembly requirement.

How to verify final assembly 

You can likely verify a vehicle's eligibility for the temporary income tax deduction through documentation or certifications provided by your car dealer.

Dig deeper:

Final assembly isn't the final condition for qualifying vehicles. 

The loan on the vehicle must also be a standard and secured auto loan. However, refinanced loans may also qualify under certain conditions.

The car's vehicle identification number must also be reported on tax returns.

An income cap will also be enforced. The $10,000 deduction will be reduced by $200 for every $1,000 over the limit: those filing taxes as a single person who makes more than $100,000 a year, or those filing jointly and making more than $200,000.