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 ...

Ford has canceled its $7,500 EV lease tax credit program, as the federal subsidy has ended. The move follows General Motors, which ended a similar program after Senator Bernie Moreno raised concerns.

General Motors has canceled its next-generation hydrogen fuel cell development efforts and scrapped a planned $55 million factory in Detroit after determining no path forward for the nascent ...

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 ...

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 ...

In a statement released on August 29, the automaker said that it would be using a variation of its current NCMA (Nickel Cobalt Manganese Aluminium Oxide) batteries powering the Chevrolet Equinox EV ...

In an ambitious move reminiscent of movies like "I, Robot," General Motors (GM) and driverless vehicle technology company Cruise planned to launch a robotaxi program. Also referred to as autonomous ...

Whether you’re working in the front of the shop or turning wrenches in the bays, part of TPMS service is teaching customers what they don’t know about their vehicles. Many drivers may believe TPMS ...

The Stanford football program will be lead through their rebuild by new program GM Andrew Luck, who revealed his pitch to save the program. “Luck’s pitch — to high school players, donors and the ...

General Motors will restart work on its driverless-vehicle program, a year after shelving production of the Cruise Origin robotaxi when one struck and dragged a woman about 20 feet. GM confirmed the ...