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 ...
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. 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 ...
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 ...
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 ...
The company reached record monthly sales of 21,000 EVs from all of GM's brands in the U.S. during August, positioning it as the #2 EV maker in the country, but warned of sales declines in the ...
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 ...
Michigan-based automakers Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:GM) are reportedly working on dedicated programs that could extend the IRA EV credit beyond President Donald Trump's ...
Sept 16 (Reuters) - General Motors Co (GM.N), opens new tab is set to announce plans on Wednesday to put into production an interchangeable "family" of electric vehicle (EV) drive systems and motors, ...
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