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GM Will Discount Models Not Currently Eligible for $7,500 Tax Credit

The Truth About Cars

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. A spokesperson told the publication, "The Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for the clean vehicle credit on Jan.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

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Era Ends as Final Dodge Challenger Comes Off The Line

The Truth About Cars

Following the final Chrysler 300 , which rolled off the line earlier this month, and its rival, the Chevrolet Camaro , the Challenger heads to the junkyard in the sky. We'll miss the grunt, if not the gas bills and gas-guzzler taxes. But the days of the L platform hosting Hemi-powered V8s are over.

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Hertz Trims EV Fleet With Massive Sell-Off

The Truth About Cars

Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.

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Automotive Execs Speculate About Hypothetical EV Camaro and Mustang Sedan

The Truth About Cars

General Motors president Mark Reuss threw some shade at the all-electric Ford “Mustang” Mach-E by suggesting an electrified Chevrolet Camaro would not go the crossover route if he had his druthers. The Camaro news is more speculative, resulting from an interview Mark Reuss had with MotorTrend about the future of the model.

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The Chevy Equinox EV Won't Start At $30,000 After All

The Truth About Cars

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. These prices also do not reflect incentives, such as tax and state credits, that could significantly lower the cost of entry.

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Nissan Announces Pricing for 2024 Frontier

The Truth About Cars

As it stares down a 2024 model year in which all of its competitors are newer and more attractive, the Frontier is getting a new Hardbody Edition that piles on nostalgia and a few feature upgrades to some trims. Nissan also released pricing, which starts at a reasonable $29,770 before destination and taxes.

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