The lending arms at Ford and GM planned to initiate the purchase of EVs in dealers’ inventory, and then apply for the $7,500 credit on those cars and roll that money into EV lease terms. For customers ...
Ford has worked hard to pivot its historic auto business toward electric vehicles (EVs), with models like the beastly F-150 Lightning and speedy Mustang Mach-E representing a modern take on classic ...
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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 ...
Ford has reversed its plan to claim EV tax credits through leasing, mirroring GM’s move after political backlash and regulatory scrutiny over the expired program. Ford has reversed course on a plan ...
Just a day after GM suddenly ended plans for a program to extend the $7,500 EV tax credit for leases, Ford announced it will also end the offer. “Ford will not claim the EV tax credit,” a company ...
Good morning! It's Friday, October 10, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most ...
Ford (NYSE:F) will delay buying lithium, the main component in electric vehicle batteries, from Australian producer Liontown Resources (OTCPK:LINRF) amid a slowdown in EV sales. The automaker will not ...
DETROIT, Oct 9 (Reuters) - Ford Motor (F.N), opens new tab is walking back a program that would have allowed dealers to offer a $7,500 tax credit on EV leases after the federal subsidy expired ...
Ford is following in the footsteps of General Motors by cancelling its plans to keep EV tax credits going after the federal government pulled funding for this at the end of September. Urgent warning ...