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Stimulus act may boost truck sales

Published Monday, February 25, 2008

The 2008 Economic Stimulus Act may be good in theory, but it isn’t going to help if businesses have no idea how to take advantage of it. According to Jon Eide, manager of the commercial vehicle group of equipment finance for Wells Fargo, the first step is knowledge. “People need to be aware of the benefits,” he told FleetOwner. “They’re aware of the act, but need to be educated to what it exactly means.” “The stimulus package was created for folks in all industries to acquire new equipment,” he said. “It’s a tax deferral for ...

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