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Industry News

Lion Electric Partners with HK Truck Center to Bring Electric Trucks and Buses to New Jersey

Lion Electric (Lion), an innovative manufacturer of zero-emission vehicles, today announced that H.K. Truck Center, a leading New Jersey-based truck dealership, will distribute, sell and service Lion’s complete lineup of zero-emission buses and trucks in the state. Under the agreement, H.K. Truck Center will serve as the regional dealer for Lion’s extensive portfolio of innovative heavy-duty battery...

The 2020 Section 179 Deduction Limit for Businesses is $1,040,000

Don't forget! The deduction limit for 2020 has been raised to $1,040,000. This means U.S. companies can deduct the full price of qualified equipment purchases up to $1,040,000 with "total equipment purchase" limit of $2,590,000. The deduction includes both new and used qualified equipment. In addition, businesses can take advantage of 100% bonus depreciation on both new...

HINO TRUCKS ULTIMATE CONFIDENCE INITIATIVE

[vc_row][vc_column][vc_column_text]Hino Trucks has acknowledged that the rapidly changing global health emergency is creating uneven economic effects across all industries.  In response, Hino is introducing the Ultimate Confidence Initiative meant to strengthen and support our customers’ businesses. No Payments AND No Interest until January 2021 Hino Trucks, in conjunction with Toyota Industries Commercial Finance, is offering our customers a No Payment...