Electric vehicle sales dropped in October following the expiration of a $7,500 federal tax credit, with top car brands ...
Ford , Kia and Hyundai reported massive declines in EV sales as many buyers pulled ahead purchases before federal EV credits ...
Ford posted strong numbers for the third quarter, but lowered forecasts because of a fire at a major supplier. It also said ...
Ford's electric vehicle sales sank in October in the first month following the expiration of a federal tax credit for electric vehicles. The company sold 175,584 vehicles in the U.S. in October, up ...
CEO Jim Farley has forecasted U.S. EV sales will halve as a result of the lost up-to $7,500 federal tax credit.
GM, Ford and Hyundai extended $7,500 discounts on some EVs after a federal tax credit expired Sept. 30, to sustain sales momentum. Automakers face slowing EV demand, higher tariffs that could add up ...
Ford has reversed its plan to claim EV tax credits through leasing, mirroring GM’s move after political backlash and regulatory scrutiny over the expired program. Ford has reversed course on a plan ...
A week after Ford CEO Jim Farley warned of China's potential threat to car sales, Ford reported it is holding sales gains ...
Ford has canceled its plan to keep the $7,500 EV lease credit alive by the end of the year. The $7,500 federal tax credit was dropped on September 30, but the automaker came up with a solution to ...
Overall, Ford's U.S. sales increased 3.9% in August, led by a 19% increase in EV sales. Experts predict EV sales gains through the end of the month. Car buyers may get some good deals on EVs, analysts ...
The federal $7,500 electric vehicle tax credit was officially set to expire on September 30, but Ford and General Motors have devised creative strategies to ensure customers can still access the ...