SANTA FE SPRINGS – Longtime Santa Fe Springs Councilman Ron Kernes is not running for reelection and will retire after 39 years on the council. He was first elected to his seat in April 1978. The deadline to file for the November council race is extended to Wednesday 5 p.m. because an incumbent has not filed to run, according to city officials. 165Let’s talk business.Catch up on the business news closest to you with our daily newsletter. Something went wrong. Please try again.subscribeCongratulations! You’re all set!
- H2H: Who is the biggest threat to unseat Martin Truex Jr. in 2018?
RELATED: Who are the early favorites for the 2018 title? | Driver tracker for the seasonThe calendar has turned to 2018 and drivers will be in Daytona for Speedweeks in less than a month meaning the new season is inching closer.Looking back at 2017, Martin Truex Jr. set a blistering pace with more than 2,000 laps led, a host of stage wins, plenty of playoff points and eight wins, including a victory in the season finale at Homestead-Miami Speedway to earn the Monster Energy NASCAR Cup Series Championship.Truex had his fair share of challengers over the course of 2017 from recent champions in Kyle Busch and Kevin Harvick to breakout stars in Kyle Larson and Chase Elliott. All that begs the question: Who is best positioned to serve as the biggest threat to unseat Truex heading into the 2018 season? NASCAR.com’s Zack Albert and RJ Kraft weigh in.Albert: Looking for prospective candidates? Let’s start with the driver who came a whisker’s breadth away from derailing the Truex train last season — Kyle Busch. The Joe Gibbs Racing driver has landed four or more victories in four of the last five seasons, and he’s been a Championship 4 participant in the Homestead-Miami finale for three years running.Consider also that Busch is still just 32 — perhaps quote-unquote “old” as the age of the starting grid trends younger, but still well in the prime years of his career. The combination of talent with the backing of one of the sport’s most potent teams in JGR makes Busch a likely contender for a second Monster Energy NASCAR Cup Series crown.Kraft: I like trends, and I think Larson will follow the template laid out by Truex over the past three seasons of gradual growth that builds to a championship. In Truex’s case, he got back to Victory Lane in 2015 and followed it up with a four-win campaign in 2016 before last season’s championship. Larson scored his first Monster Energy Series win in 2016 followed by four victories in 2017. Given Larson’s repeated mishaps in the latter half of the playoffs, it’s easy to forget that he set new career highs in laps led, top fives and top 10s in his breakout season. Behind Truex, no driver gained more stage points than Larson as he took full advantage of the new format.What is the key to the Chip Ganassi Racing driver taking the next step to a championship? Notching wins at 1.5-mile tracks, which he has yet to do. With four runner-ups at 1.5-milers in 2017, it seems like Larson is closing in on those victories — almost as fast as he gets around on the high line.
- Welch unveils tax incentives to make EVs more affordable
Vermont Business Magazine This morning at Burlington’s City Market electric vehicle charging station on Flynn Avenue, Representative Peter Welch (D-Vermont) unveiled legislation he authored to make electric vehicles more affordable, easier to purchase, and easier to charge. Currently, a federal tax credit of up to $7,500 is available for buyers of electric vehicles. However, the number of credits is capped at 200,000 vehicles for each manufacturer. That cap is expected to be hit by manufacturers as early as this year, rendering the credit unavailable to buyers.Welch’s legislation makes three important changes to the credit:First, it eliminates the per manufacturer cap, allowing manufacturers and dealers to offer the credit to an unlimited number of buyers for the next 10 years. Second, it allows buyers to receive the credit immediately at the point of sale rather than having to wait until they file their annual income tax return as required under current law.Finally, the legislation provides a tax credit to purchasers of electric vehicle charging stations to incentivize the buildout of this important infrastructure around the country.“Transportation is the single largest contributor to greenhouse emissions in the United States,” said Welch. “It is urgent that we transition to cleaner, more efficient modes of transportation. My legislation will make electric vehicles and their charging stations more affordable, while saving Vermonters money at the gas pump and reducing their environmental footprint.” Welch was joined at the press conference by Marilyn Miller, Executive Director of the Vermont Vehicle and Automotive Distributors Association (VADA), Dave Roberts, Coordinator of Drive Electric Vermont, Steve Dinco, Sales Manager at Shearer GM, and John Tashiro, General Manager of City Market.“Vermont’s auto dealers have been national leaders in the promotion and sale of electric vehicles,” said Miller. “This legislation will help our dealers make electric vehicles an affordable option for more Vermonters, by reducing their upfront costs. We appreciate the leadership from Congressman Welch to support this growing market of clean and affordable transportation.”Welch’s legislation, (H.R. 6274) is cosponsored in the House by Reps. Jared Huffman (D-Calif.) and Jacky Rosen (D-Nev.). Sen. Jeff Merkley (D-Ore.) is expected to introduce companion legislation in the Senate.Source: Welch 6.29.2018