Tag Archives: Tax

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters General Motors is scrapping a program aimed at allowing its dealers to continue offering for several months a $7,500 tax credit on electric-vehicle leases following the Sept. 30 expiration of the federal subsidy, the company said on Wednesday. Toward the …

Not all EV makers will be crushed by the expiring sales incentive. The $7,500 electric vehicle (EV) tax credit is no more. It expired at midnight on Tuesday night, and the U.S. auto industry is bracing for a slump in demand. Without the additional $7,500 to make EVs more affordable, Ford (F 3.52%) CEO Jim Farley expects that demand for …

The Automakers That Completely Dropped The Ball On End Of US EV Tax Credit  CleanTechnica GMC’s higher-end trucks and SUVs are driving General Motors’ bottom line  Yahoo Finance The Biggest Winners and Losers in Auto Sales in Q3 2025  Car and Driver Tesla, GM lead record U.S. EV sales this year as federal incentives end  CNBC GM Q3 sales rise 8% on growth in …

Come for an Aperitivo, Stay for the Tax Breaks: Milan Lures the Global Elite  The Wall Street JournalView Full Coverage on Google News Source link

Swiss bank UBS (UBS) has reiterated its Sell rating on Tesla (TSLA) stock as tax credits on electric vehicles sold in the U.S. expire. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. UBS stuck with its Sell rating on TSLA …

Rivian lowers annual deliveries forecast as tax credit expiry fans industry gloom  Reuters Rivian Deliveries Are Solid. Why the Stock Is Falling.  Barron’s Rivian Automotive Narrows 2025 Delivery Guidance as Third-Quarter Production Slips  The Wall Street Journal Rivian Narrows Outlook for Full-Year Electric Vehicle Deliveries  Bloomberg.com Is Rivian Still Priced for Growth After Workforce Cuts and New SUV Plans in 2025?  Yahoo Finance Source link

(Reuters) -Rivian Automotive (RIVN) lowered the midpoint of its annual deliveries forecast range on Thursday as the EV-maker braces for an uncertain few quarters due to the lapse of federal tax credits, sending its shares down more than 5% in early trading. Despite reporting a nearly 32% jump in deliveries, Rivian and the electric-vehicle industry face a cloudy outlook after …

Audio recording is automated for accessibility. Humans wrote and edited the story. See our AI policy, and give us feedback. Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. In 2018, on the heels of Republican efforts to repeal the Affordable Care Act, Democrats made enormous midterm …

End of EV tax subsidy sparks worries of collapse in US electric car sales  Reuters Ford CEO says customers are not interested in $75,000 EVs  Yahoo Finance Automakers Extend $7,500 EV Discount After Federal Subsidy Expires  Bloomberg.com Tesla hikes lease prices as EV tax credit expires  Axios EV sales surge in the U.S. ahead of Sept. 30 tax credit deadline  NPR Source link

General Motors (GM) delivered a strong third-quarter performance, reporting 710,347 vehicle sales in the U.S., up 7.7% year-over-year. The upside was driven by surging demand for both electric and gas-powered models. Importantly, GM set a new quarterly record for electric vehicle (EV) sales during the quarter. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful …