DETROIT (Reuters) -Ford and General Motors are racing to sign up car dealers for programs that would effectively extend the use of a $7,500 U.S. tax credit on leases of electric vehicles beyond the ...

Just a day after GM suddenly ended plans for a program to extend the $7,500 EV tax credit for leases, Ford announced it will also end the offer. “Ford will not claim the EV tax credit,” a company ...

Ford and GM have apparently worked up an interesting scheme to keep the expiring $7,500 federal EV tax credit from driving down sales. According to Reuters, the automakers are working with dealers on ...

Chevy, Cadillac, GMC, and Ford’s electric vehicles will still be eligible for the credit after the September 30 deadline. The $7,500 tax credit for electric vehicles is set to expire today, but Ford ...

Ford Motor F.N is walking back a program that would have allowed dealers to offer a $7,500 tax credit on EV leases after the federal subsidy expired September 30, the company said on Thursday. "Ford ...

Ford and General Motors have launched new programs that could allow car buyers to keep benefiting from the $7,500 federal electric vehicle tax credit even after it officially expires on Tuesday. The ...

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

The automakers are working with dealers to apply a discount to leased EVs through the rest of the year. The automakers are working with dealers to apply a discount to leased EVs through the rest of ...

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 ...