Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing General Motors G.M.’s Profits Fell 18.5 Percent in the First Quarter The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China. Posted by By Neal E. Boudette
Posted inBatteries Content Type: Service Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Hyundai Motor Co Inflation Reduction Act of 2022 International Trade and World Market Personal Finances Protectionism (Trade) Shopping and Retail Sports Utility Vehicles and Light Trucks Tax Credits, Deductions and Exemptions Tesla Motors Inc United States Politics and Government Volvo Car Corp Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’ Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500. Posted by By Lawrence Ulrich
Posted inBatteries Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Global Warming Hyundai Motor Co Inflation Reduction Act of 2022 Internal Revenue Service International Trade and World Market Sports Utility Vehicles and Light Trucks Supply Chain Tax Credits, Deductions and Exemptions Tesla Motors Inc Treasury Department United States International Relations United States Politics and Government Volkswagen AG U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies. Posted by By Jack Ewing
Posted inBatteries Consumer Behavior Electric and Hybrid Vehicles Environmental Protection Agency Factories and Manufacturing Ford Motor Co Fuel Emissions (Transportation) General Motors Global Warming Inflation Reduction Act of 2022 Prices (Fares, Fees and Rates) Supply Chain Tax Credits, Deductions and Exemptions Toyota Motor Corp United States Politics and Government Volkswagen AG Automakers Face Test in Reaching U.S. Target for Electric Vehicles New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out. Posted by By Neal E. Boudette