Jim Farley, CEO of Ford, has expressed his support for President Donald Trump’s decision to scale back Corporate Average Fuel Economy (CAFE) norms. Farley stated that this move will allow Ford to ...
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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 ...
After the Tesla Cybertruck took the title as America’s best-selling electric pickup last year, the Ford F-150 Lightning is back on top in 2025. Ford sold over 10,000 Lightnings in the third quarter, ...
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 ...
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 ...
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 ...