GM tells Bloomberg the factory will replace the expired $7,500 federal EV tax credit with $6,000 in “lease support” cash following unrelated reports of a similar move at Stellantis. +
Citing plateauing sales and the imminent loss of federal tax credits, dealers tell the New York Post that Gov. Kathy Hochul’s goal of a zero-emissions new vehicle market by 2035 is “an unrealistic bust.” +
Former dealer and newly elected U.S. Sen. Bernie Moreno’s Transportation Freedom Act would revise and standardize fuel economy standards and offer tax savings to domestic manufacturers. +
