General Motors has abruptly canceled a last-minute program that would have extended the $7,500 federal tax credit on electric vehicle leases beyond its official expiration date, following pushback ...
General Motors (NYSE:GM) is walking back its plan to claim the $7,500 federal electric vehicle tax credit and will instead roll out its own incentive program for EV leasees. As the government’s tax ...
The federal tax credit that provided consumers a $7500 tax rebate off new electric vehicles is officially dead as of October 1. Both Ford and General Motors had ideas about how to offer a slight ...
Ford reported third-quarter U.S. overall automotive sales up 8.2%, marking its seventh consecutive month of sales growth. Electric vehicle sales hit 85,789 in the quarter, up 19.8% year-over-year. The ...
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