General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...

Oct. 14 (UPI) --General Motors will take a nearly $2 billion financial loss in its third quarter over its electric vehicle program after a shift in U.S. policy. On Tuesday, the Detroit-based carmaker ...

General Motors has officially ended development of its next-generation hydrogen fuel cell technology under its HYDROTEC brand, signaling a significant shift in strategy as the automaker doubles down ...

General Motors recently started introducing a new clause in its purchase orders that results in a significant change in the supply relationship and may go unnoticed by its suppliers. The clause is ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. General Motors Co. has canceled its next-generation ...

GM killed its EV lease tax credit incentives after a single Republican senator raised concerns The Senator told Reuters he was happy to help "protect our domestic auto industry" The federal EV tax ...

GM initially had a way to virtually extend tax credits, but now it’s caving to political pressure. General Motors had a program in place that would have effectively extended federal EV tax incentives ...

General Motors GM.N is scrapping a program aimed at allowing its dealers to continue offering a $7,500 tax credit for several months on electric-vehicle leases following the September 30 expiration of ...

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GM cancels EV lease tax credit program after concerns from Senator Moreno Program aimed to ease impact of tax credit expiration on dealers Ford's similar program status unclear, spokesperson declined ...

After the $7,500 federal tax credit for electric vehicles expired at the end of September, GM was among the automakers planning to extend the incentive through leasing. That will no longer be the case ...