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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 ...

A previous version of this report included an incorrect figure for Ford’s year-to-date sales performance in EVs. The fear of missing out on expiring tax credits juiced electric-vehicle sales last ...

October is shaping up to be one of the most closely scrutinized months the car industry has seen in some time. With federal EV tax credits expiring on September 31, automakers are watching closely to ...

Ford Motor said it was “on track” to qualify for lucrative, Biden-era federal tax credits for electric-vehicle batteries it plans to make at a new, $3 billion plant in Michigan, even under President ...

John Summit’s music taste is much more far-reaching than what you might think. In an interview with Rolling Stone Recommends, the DJ star shared his love for several of his favorite artists, including ...

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 ...

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 ...

The automakers killed the plan after a couple of Republican senators snitched. The automakers killed the plan after a couple of Republican senators snitched. is transportation editor with 10+ years of ...

Ford Motor Company has decided to cancel the program that would have extended the benefits of a $7,500 federal electric vehicle tax credit beyond its official expiration, following a nearly identical ...