The lending arms at Ford and GM planned to initiate the purchase of EVs in dealers’ inventory, and then apply for the $7,500 credit on those cars and roll that money into EV lease terms. For customers ...

The federal EV tax credits expired after September 30, but Ford and GM are trying to extend the $7500 incentive, as first reported by Reuters. Ford is working with dealers on a program to allow ...

The federal tax credit that provided consumers a $7500 tax rebate off new electric vehicles is officially dead as of October 1. Both Ford and General Motors had ideas about how to offer a slight ...

Ford Motor Co. on Thursday said it won't file for federal plug-in vehicle tax credits for transactions after the program's deadline, following a similar decision by General Motors Co. The Dearborn ...

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, part of the USA ...

The US Inflation Reduction Act (IRA) officially ended the US$7,500 electric vehicle (EV) tax credit on September 30, 2025. However, General Motors (GM) and Ford have leveraged their financial arms to ...

The end of the federal EV tax credit will likely mean a sharp drop in EV sales over at Ford. “I think it’s going to be a vibrant industry, but it’s going to be smaller, way smaller than we thought, ...

Ford reported third-quarter U.S. overall automotive sales up 8.2%, marking its seventh consecutive month of sales growth. Electric vehicle sales hit 85,789 in the quarter, up 19.8% year-over-year. The ...

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 ...

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 ...