The real story of the month isn’t trucks or gasoline-powered cars, though. Ford sold 4,709 EVs, down 25% year over year, ...

Here’s how the financial engineering works: Ford Credit and GM Financial initiated binding contracts and down payments on their dealers’ EV inventory before the September 30 cutoff. This makes their ...

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 ...

Ford Motor Co. (NYSE: F) said its investment in electric vehicles (EVs) would reach $30 billion. However, new federal rules ...

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 ...

With the Federal EV tax credit dying at midnight on September 30, automakers are getting creative when it comes to giving their customers discounts on electric vehicles. Ford and General Motors are ...

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 ...

Michigan-based automakers Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:GM) are reportedly working on dedicated programs that could extend the IRA EV credit beyond President Donald Trump's ...