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 ...

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 ...

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press. Ford Motor Co. and ...

GM cancels EV lease tax credit program after concerns from Senator Moreno Program aimed to ease impact of tax credit expiration on dealers Ford's similar program status unclear, spokesperson declined ...

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Ford’s management has to know that its electric vehicle ...

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 ...

Chevy, Cadillac, GMC, and Ford’s electric vehicles will still be eligible for the credit after the September 30 deadline. The $7,500 tax credit for electric vehicles is set to expire today, but Ford ...

GM sold over 65,000 electric vehicles in the third quarter. Gas-powered SUVs and crossovers also set records in the quarter, particularly redesigned models. GM sold 710,347 vehicles in the quarter ...

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 ...

With the $7,500 Federal EV Tax Credit done for, electric vehicle (EV) manufacturers are searching for ways to keep you buying despite the loss of the discount. While some are slashing prices, Ford and ...

GM sold 103% more EVs through Q3 this year compared to 2024. The top-seller was its most affordable model, the Chevrolet Equinox EV, whose sales exceeded 25,000 units in Q3. The Q3 sales spike was ...