GM takes $1.6B financial hit as EV tax credit changes force strategy overhaul

GM announced a $1.6 billion third-quarter charge as it revamps its electric vehicle strategy following the end of federal EV ...
ElectrekOpinion

GM scraps $7,500 EV tax credit program, but it has a new way to keep prices down

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 ...

GM to Take $1.6 Billion Charge as Tax Credit Blow Muddies EV Plans

A view of the GM logo on a water tank at the Ramos Arizpe plant of General Motors, which exports vehicles to Canada and the U ...

Ford and GM extend $7,500 EV tax credit for leases into fourth quarter

Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA TODAY Network. Ford Motor Co. and ...

So much for Ford and GM’s scheme to extend the EV tax credit

Ford and GM are both backing off their effort to continue offering the $7,500 electric vehicle tax credit to customers ...

Ford and GM are buying their own EVs to keep the $7500 tax credit alive

Ford and GM reviewed the new programs with officials from the Internal Revenue Service before putting it into action, Reuters ...

GM to take a $1.6 billion hit as tax incentives for EVs are slashed and emission rules ease

General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles ...

GM cuts short EV tax credit extension scheme

The company will continue to offer about $6,000 in savings on EV leases through October, with the cost footed by GM.

GM takes $1.6 billion hit on electric vehicle rollout as U.S. automakers rethink future

President Trump’s “One Big Beautiful Bill” ended a key EV tax credit last month. But consumers had already shown signs of EV ...
Electrek

GM’s feeling the heat after the US pulled the plug on the $7,500 EV tax credit

GM is suddenly shaking up electric vehicle production plans after issuing a stark warning. The automaker warned that new ...