General Motors has abruptly canceled a last-minute program that would have extended the $7,500 federal tax credit on electric vehicle leases beyond its official expiration date, following pushback ...

Toward the end of last month, GM devised a plan to have its in-house lending arm initiate the purchase of EVs in its dealers’ inventory. The company planned to apply for the federal $7,500 credit on ...

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 ...