To extend the incentive, GM devised a plan to have its in-house lending arm initiate the purchase of EVs in its dealers’ ...
GM has scrapped a plan that would have temporarily extended access to the $7,500 federal tax credit for qualifying EVs. The federal program ended last month.
General Motors (NYSE:GM) is walking back its plan to claim the $7,500 federal electric vehicle tax credit and will instead ...
GM is ending plans for a program that enabled its dealers to extend the $7,500 tax credit for new Chevy, GMC, and Cadillac EV leases beyond the September 30 deadline. Instead, it has another plan to ...
Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA TODAY Network. Ford Motor Co. and General Motors have developed a method through the IRS guidance to extend ...
Chevy, Cadillac, GMC, and Ford’s electric vehicles will still be eligible for the credit after the September 30 deadline.
The company will continue to offer about $6,000 in savings on EV leases through October, with the cost footed by GM.
General Motors decided to backtrack on plan to claim last-minute EV tax credits after senator Bernie Moreno raised concerns about the legality of the move ...
These Detroit automakers have found a financial workaround to help EV customers continue to get the federal tax credit.
The U.S. Secret Service is partnering with GM Defense to develop a vehicle that better blends into its surroundings rather than commanding attention when deployed overseas. The Secret Service is ...