General Motors GM.N is scrapping a program aimed at allowing its dealers to continue offering a $7,500 tax credit for several months on electric-vehicle leases following the September 30 expiration of ...
Barra highlighted challenges to EV production planning amid regulatory and industry hurdles. Barra touched on GM's partnership with Hyundai after meeting with executive chairman that day. When General ...
GM, Ford and Hyundai extended $7,500 discounts on some EVs after a federal tax credit expired Sept. 30, to sustain sales momentum. Automakers face slowing EV demand, higher tariffs that could add up ...
General Motors Co. dropped a plan to use federal dollars to discount electric vehicles under pressure from a key U.S. senator, sources familiar with the matter said Wednesday. Both GM and crosstown ...
Toward the end of last month, GM devised a plan to have its in-house lending arm initiate the purchase of EVs in its dealers’ inventory. The company planned to apply for the federal $7,500 credit on ...
General Motors Co. has decided not to offer federal tax credits on electric vehicles that were in transit to dealers or on their lots before last month’s expiration of the $7,500 incentive, opting ...
Despite back-to-back record sales months, GM said on Thursday that it’s now planning to build fewer electric vehicles, including the new Chevy Bolt EV that’s not even out yet. GM’s sudden shift comes ...
General Motors Co. is further pulling back production of some electric vehicles and batteries amid lower-than-expected demand and changing federal rules and tax perks. Production of the Chevrolet Bolt ...
In addition to the next-generation compact vehicle family and the South American-made midsize pickup, GM and Hyundai are co-developing an upcoming fully electric commercial van for North America. The ...
General Motors is scrapping a program aimed at allowing its dealers to continue offering for several months a $7,500 tax credit on electric-vehicle leases following the Sept. 30 expiration of the ...