GM faces financial strain as EV demand falls sharply following the end of U.S. tax incentives and regulatory rollbacks.
General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles ...
The EV tax credit is gone, but the market will likely self-adjust to the new reality, thanks to a combination of cheaper EVs, ...
General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it ...
The tax credit, passed by the Biden administration in 2022 to support EVs, is going away Wednesday as part of President Donald Trump's broad spending and tax bill.
If you're considering a switch to a used electric vehicle, now is the time to act. The federal Used Clean Vehicle Credit, ...
General Motors 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 the ...
GM previously said it would go all-electric by 2035, but it has scrapped those plans and is now focusing on gas and hybrid ...
Global sales of fully electric and plug-in hybrid vehicles rose 26% in September from a year ago to a record 2.1 million ...
On Tuesday, GM announced it was taking a $1.6 billion hit because EV incentives have expired and emissions targets have ...