Hyundai Had an Unfair Advantage. Receives $47 Million Fine

A consent decree filed on September 19, 2019 by the EPA and DOJ allege that Hyundai illegally imported heavy construction equipment with diesel engines that violated Title II of the Clean Air Act.

According to the EPA’s website:

From 2012 to 2015, Hyundai pre-purchased, or “stockpiled” engines that met outdated emissions standards and then illegally imported, marketed and sold heavy construction equipment with these engines installed, in violation of the Clean Air Act.

Additionally, Hyundai imported, marketed and sold units of equipment in quantities that exceeded their exemption allowance limit under the Transition Program for Equipment Manufacturers (TPEM) program regulations.

Defendants allegedly introduced into United States commerce at least 2,269 illegal diesel nonroad vehicles. Under the terms of the settlement, Hyundai has agreed to pay a $47 million civil penalty to resolve their Clean Air Act violations. (citation)

“By ignoring regulatory requirements, Hyundai not only gained a market advantage over their competitors, but they also introduced higher-polluting vehicles into the United States, undermining the protection of human health and the environment,” said Susan P. Bodine, EPA assistant administrator for the Office of Enforcement and Compliance Assurance.

 

4 Important Upcoming Events

Updated October 31, 2019

Ready, set, mark your calendars for these important events.

Get MEWPs trained and certified before the December 10th deadline!
See below for LIVE IN-PERSON Training from West Coast Professional, Rick Stephenson.

MEWPs Boom & Scissor Lift Training and Certification
Tuesday, November 19th from 7 AM to 1 PM
Corona Location
Only 12 Seats Available! 

Click here for more information and to register

 

 


MEWPs Telehandler/Reach Forklift Training and Certification
Tuesday, December 3rd from 7 AM to 1 PM
Only 12 Seats Available!

Click here for more information and to register

 

 


World of Concrete 2020 Las Vegas February 4-7, 2020

Discover new products, cutting-edge technologies, new equipment, and over 150 educational sessions. Your West Coast Sales professional will be there so make sure to reach out to him.

Register Here

 


CONEXPO is Back!

Join your West Coast Equipment sales professionals at the 2020 expo.

North America’s largest construction tradeshow, CONEXPO-CON/AG happens every three years. In 2020 the show will be in Las Vegas Nevada from March 10-14th. Register here

Maximize Your 179 Tax Deduction

The Tax Cuts and Job Acts of 2017 (AKA The Trump Tax Cuts) increased the Section 179 benefit for small businesses.

“Section 179 of the IRS Code was enacted to help small businesses by allowing them to take a depreciation deduction for certain assets (capital expenditures) in one year, rather than depreciating them over a longer period of time. Taking a deduction on an asset in its first year is called a ‘Section 179 deduction,'” according to The Balance SMB (citation).

Effective for tax years beginning January 1, 2018, businesses can immediately deduct up to $1 million for qualifying purchases of capital property, with a limit of $2.5 million. (citation).

The $1 million deduction was increased from $500,000, and according to the IRS website, “…applies to tangible personal property such as machinery and equipment purchased for use in a trade or business…”

Take advantage of these deductions and plan a purchase of a new JLG, SkyTrak, Princeton, or Polaris machine before the end of 2019. We are taking orders now. Call 951-256-2040