Just 24 hours after General Motors announced it would drop the EV tax credit extension scheme, Ford did it as well, following political pressure ...

While automakers like Hyundai and Stellantis have offered cash off incentives to bridge the gap for buyers, Ford and GM took ...

Car buyers looking for a deal on an electric vehicle can find 0% financing and attractive leases on some models, even after ...

Ford will still offer substantial discounts on its EVs through December, while GM is self-funding a discount program through ...

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

Ford is trying to make up for the loss of the EV tax credit, which expired on September 30, by slashing prices of the F-150 Lightning ...

The federal government is no longer subsidizing them, gas cars are no longer facing harsh penalties for missing economy ...

All sorts of strategies are being employed, from cars being discontinued to offering incentives even larger than the ...

The expiration of the $7,500 federal tax credit for electric vehicles, initially passed by Democrats during the Biden ...

Ford and GM reviewed the new programs with officials from the Internal Revenue Service before putting it into action, Reuters says citing three sources. In August, the IRS said vehicles must be ...

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 ...

SAN DIEGO — If you’ve been on the fence about making the switch to an electric vehicle, now may be the best time to take charge and take the leap. With federal electric vehicle tax credits set to end ...