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FEATURED INDUSTRY NEWSEntry Deadline Approaching For 2024 Miami Innovation AwardsThe deadline is approaching to submit products for the 2024 Miami Innovation Awards, the industry’s most prestigious honors recognizing manufacturers and suppliers who bring new, innovative products to market. The Innovation Awards celebrate excellence across twenty-one product categories, and winners will be recognized during the annual Industry Breakfast on Thursday, February 15 at the Discover Boating Miami International Boat Show. Read More LEADING ECONOMIC AND POLICY NEWSTreasury Dept. Says Just 19 EVs Now Qualify For Tax CreditsReuters reports the Treasury Department on Monday announced that as a result of new guidelines that took effect with the start of the new year, just 19 electric vehicles now qualify for tax credits, down from 43 models. EVs that no longer qualify for the tax credits include “the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said,” as well as “the Volkswagen ID.4, Tesla Model 3 Rear Wheel Drive, BMW X5 xDrive50e, Audi Q5 PHEV 55, Cadillac Lyriq and Ford E-Transit.” Meanwhile, Bloomberg says EVs “still eligible for the consumer credit are the Model Y by Tesla Inc., Rivian Automotive Inc.’s R1T pickup truck, Stellantis NV’s Jeep Wrangler 4xe and Ford Motor Co.’s F-150 Lightning pickup truck.” Bloomberg says the limits “were included in President Joe Biden’s signature climate law at the behest of Senator Joe Manchin, the West Virginia Democrat who provided the pivotal vote on the Inflation Reduction Act.” Advocate Suggests Biden Should Not Have Awarded $3.1B To California For High-Speed Rail ProjectWendell Cox, a senior fellow with the Committee to Unleash Prosperity and principal of public-policy and transportation research firm Demographia, suggested in a Wall Street Journal op-ed that the White House should not have awarded $3.1 billion to the California High-Speed Rail project that is already heavily over budget and behind schedule. Cox said California should have instead looked to how Florida built a new rail system between Orlando and Miami using only private financing. Analysts, Investors Optimistic For Economy In 2024Under the headline “5 Reasons To Be Optimistic About The 2024 Economy,” CNN says while “many feared 2023 would be the year of recession,” it instead displayed “remarkable resilience,” and now “appears to be enjoying the soft landing many argued was nearly impossible.” CNN quotes several economists optimistic about the state of the US economy in 2024 while the Wall Street Journal highlights a similar sentiment among investors. Previous Top Stories | |||||||||||
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If you are unable to see the message or images below, click here to view Shows Certification Advocacy Statistics International Membership Customized Briefing for manoj dole May 10, 2024 FEATURED INDUSTRY NEWS Congresswoman Mary Peltola (D-AK) Named Legislator of the Year by National Marine Manufacturers Congresswoman Mary Peltola (D-AK) has been awarded the Legislator of the Year Award by the National Marine Manufacturers Association (NMMA) for her support of the recreational boating and fishing industry. The award recognizes Congresswoman Peltola’s leadership in advocating for policies that support the boating industry, protect marine ecosystems, and advance conservation efforts for all who rely on the oceans. Specifically, the Congresswoman has proactively worked to support the recreational boating and fishing industry thro...
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