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Barack Obama

President Obama Extends Tax Benefit for Vehicle Purchases

President Obama has extended a tax benefit that increases small-business expensing and bonus depreciation, which would allow additional expensing for new vehicles and other equipment placed into service by the end of the year.

Obama Orders Higher Fuel Standards for Trucks

President Barack Obama will direct federal agencies on February 18 to develop higher fuel economy standards for medium- and heavy-duty trucks over the next two years by March of 2016.

Detroit Diesel Hosts President Obama

DETROIT – President Barack Obama recently visited Detroit Diesel Corporation to recognize that the company's Detroit DT12 and the new Detroit DD15 will be produced at the Detroit brand manufacturing headquarters in Redford, Mich.

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