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tax credit

  1. Automotive Industry & GM News
    The clock on tax credits for Chevrolet's Bolt and Volt is quickly running down. On October 1, the tax credit for people buying these green cars will shrink from $3,750 to $1,875. Although it's unfortunate for customers, the reduction comes as a result of the cars' sales. Having reached more...
  2. Automotive Industry & GM News
    Good news for would-be Volt owners? Not really. Chevrolet's soon-to-be-discontinued plug-in hybrid won't live long enough to suffer the indignity of a halved federal EV tax credit. It's dead in March, though remaining examples of the car everyone should want will no doubt linger on lots through...
  3. Automotive Industry & GM News
    White House economic adviser Larry Kudlow announced Monday that the Trump administration is seeking an end to federal subsidies on electric cars. Interestingly, the move appears to be related to General Motors' plant closings and layoffs. The company's restructuring plan hasn't gone over well...
  4. Automotive Industry & GM News
    While new legislation has been introduced in the U.S. House of Representatives to lift the cap and extend federal tax credits for plug-in hybrids and electric cars, a new bill aims to kill them altogether-and even tax electric cars more. Republican Senator John A. Barrasso of Wyoming introduced...
  5. Automotive Industry & GM News
    If you're shopping for an electric vehicle and want more than 200 miles of range, you pretty much only have two options right now: the Chevy Bolt or a Tesla. That might explain why they're the two best-selling EVs on the market right now and the only two at risk of slipping over the 200,000...
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