Ford Motor Co. and General Motors have developed a method through the IRS guidance to extend use of the electric vehicle tax credits, at least for leases, into the fourth quarter. The Detroit ...
The last day to buy an electric vehicle and claim a now-expired $7,500 federal tax credit was Tuesday. However, several major automakers have announced that EV shoppers will be able to claim the ...
Back in July, President Donald Trump signed legislation that eliminates the $7500 federal tax credit towards the purchase or lease of new electric vehicles as of September 30. However, according to ...
Ford (NYSE:F) and General Motors (NYSE:GM) have rolled out programs for car dealers in recent days, which would effectively extend the use of the $7,500 tax credit for electric vehicle leases beyond ...
Programs aim to soften impact of expiring US tax credit Dealers predict EV sales will plummet without subsidy IRS discussions led to Ford and GM's program development- sources Each company in recent ...
Ford Motor Company is set to unveil its second-quarter earnings on October 26th. The financial health of Ford Credit, particularly amidst rising auto loan defaults, warrants scrutiny. The upcoming ...
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 ...