Accounting October 15, 2025
GM Reports $1.6B Hit From Now-Unused EV Investments
General Motors reported the loss on Oct. 14 to the Securities and Exchange Commission as what's known as an impairment charge.
Taxes October 8, 2025
GM Cuts Short EV Tax Credit Extension Program
The company will continue to offer about $6,000 in savings on electric vehicle leases through October, with the cost footed by General Motors.
Taxes September 30, 2025
Ford CEO Predicts Electric Car Market to Fall by Half After End of Tax Credit
Ford Motor Co. CEO Jim Farley on Tuesday said he wouldn't be surprised if electric vehicle sales in the United States fall by half after the expiration of the federal tax credit for plug-in vehicles.
Taxes September 23, 2025
Paperwork Pitfalls Put Some EV Owners’ $7,500 Tax Credit in Limbo
The IRS has issued instructions for dealerships to file paperwork that’s required so electric vehicle buyers don’t miss out on the tax credit, which expires Sept. 30.
Taxes August 20, 2025
Electric Vehicle Sales Surge as End of Tax Credit Nears
Analysts expect manufacturers to further scale back production of EVs to match limited interest among buyers, especially as Trump works to remove federal emissions requirements.