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 ...
After the $7,500 federal tax credit for electric vehicles expired at the end of September, GM was among the automakers planning to extend the incentive through leasing. That will no longer be the case ...
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 ...
In her Q3 2025 shareholder letter, GM CEO Mary Barra offered strategic gratitude, explicitly thanking President Trump for new automotive tariff policies that directly bolster the company’s massive U.S ...
General Motors has canceled its next-generation hydrogen fuel cell development efforts and scrapped a planned $55 million factory in Detroit after determining no path forward for the nascent ...
GM has unveiled the new version of the Chevy Bolt, its popular, affordable EV with an upgraded battery and an otherwise very similar package to its last iteration, and we’re on the scene at a special ...
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. is scrapping plans for a factory in Detroit as part of a broader decision to end development of hydrogen fuel cells for everyday drivers, the automaker said Friday. Salaried workers ...
Oct. 14 (UPI) --General Motors will take a nearly $2 billion financial loss in its third quarter over its electric vehicle program after a shift in U.S. policy. On Tuesday, the Detroit-based carmaker ...
General Motors is bringing back a popular affordable electric vehicle model after years off the market. The Chevrolet Bolt is returning for model year 2027, starting at $29,900 manufacturer’s ...
GM has scrapped a plan that would have temporarily extended access to the $7,500 federal EV tax credit for leased vehicles, reversing course roughly a week after the subsidy officially expired late ...
General Motors Co. on Thursday announced employee buyouts that are expected to lead to charges of $1.5 billion as the auto maker seeks to be “nimble in an increasingly competitive market.” Tomi ...