Ford follows GM in canceling EV incentives
On the Dash:
Ford is canceling its dealer EV lease program linked to the expired $7,500 federal credit but will maintain competitive lease offers.
The move follows GM’s similar cancellation...
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
federal tax credits
GM abandons program to extend $7,500 EV incentive, Reuters reports
On the Dash:
GM has canceled its program to provide a $7,500 incentive for EVs after the federal tax credit expired.
The program aimed to help dealers move 20,000 EVs...
US auto sales climb as BEVs hit new highs, inventory levels stabilize
On the Dash:
U.S. light-vehicle sales rose 3.5% year-over-year in September, reaching a 16.4 million SAAR.
BEVs reached a record 11.8% market share as buyers took advantage of expiring tax...
Customer ease of purchase holds steady despite EV rush
On the Dash:
CDK's Ease of Purchase index remained stable at 89%, despite the surge in purchasing activity.
In-stock availability rose to 48%, though many buyers still visited multiple dealerships...
Ford CEO warns U.S. EV sales could fall 50% after incentives expire
On the Dash:
EV sales in the U.S. could drop from 10–12% to 5% market share after the $7,500 federal tax credit expires.
Q3 EV sales are forecast to hit...
Chevy dealer Andy Guelcher on navigating market uncertainties
Chevrolet dealers are finding ways to thrive despite market uncertainties, from federal EV incentives to sourcing used vehicles. Andy Guelcher, President of Mohawk Chevrolet and Chairman of the Chevrolet National...
Latest Articles
