Green Car Congress

MARCH 30, 2009

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. The government will provide GM with “ adequate working capital ” for 60 more days to “ produce a better business plan ”.

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Green Car Congress

FEBRUARY 3, 2009

GM described its approach at the Washington Auto Show. A partial draft checklist of stakeholders and enablers to help guide cities in making their regions plug-in friendly suggested by GM includes: Draft Checklist for a Plug-in Ready City. Ed Peper, GM North America vice president, Chevrolet. Required Stakeholder.

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Plug-in GM San Francisco Plug 150

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 The Orion Assembly Plant will also produce GM’s other electric vehicles. . GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal.

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Tax General Motors GM Production 113

CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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Tax Credit Tax Dealers Congress 106

Green Car Congress

JANUARY 1, 2011

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. An explosion of hybrid sales in Japan.

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Transportation Gasoline Lithium Ion 2010 250

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. It won’t solve the problem.

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Plug in America

APRIL 23, 2025

Auto sector lobbying around EVs is at an all-time high , with record spending on both sides of the issue. auto manufacturers to remain globally competitive, they have to manufacture EVs. They know this, which is why Ford , Stellantis , and GM publicly backed the federal EPA standards. In order for U.S.

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Electric Vehicles Vehicles Tax Credit Electric 100

EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.

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Tax Credit Tax North America America 98

Revenge of the Electric Car

OCTOBER 23, 2008

GM has been saying for a while now that they had picked their supplier for the LiIon battery in the Volt, but they weren’t prepared to announce who it was. Ron Freund, president of the Electric Auto Assoc., Chances are, GM will start with CP (hey, those are Chris Paine’s initials!), that got the nod. URL: [link].

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Volt GM Batteries Battery 100

Baua Electric

JANUARY 19, 2024

Last year GM added new dealerships in 2023 in New York, Texas, Los Angeles, and Atlanta, said John Roth, vice president of global Cadillac, yesterday at a media roundup, reported by Detroit Free Press. Back in 2020, about 20% of Cadillac’s US dealers, some 170 to 180 dealers, took buyouts from GM rather than invest, sell, and service EVs.

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Cadillac GM SUV Los Angeles 97

Teslarati

OCTOBER 24, 2023

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. According to a report from Reuters , Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.

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GM Arlington Yukon Tahoe 86

Teslarati

FEBRUARY 2, 2022

“In the auto industry, Detroit is leading the world in electric vehicles. I can remember your dramatic announcement that by 2035, GM would be 100% electric. You led, and it matters,” Biden said last November during GM’s opening of its Factory Zero facility. . share of the US EV market in the fourth quarter. .

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General Motors Tesla Tax GM 143

Teslarati

JUNE 13, 2022

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The tax credit cap only has Tesla and GM buyers disqualified from receiving the credit.

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Tax Credit Congress Tax Toyota 58

Teslarati

OCTOBER 31, 2023

The United Auto Workers (UAW) reached tentative contracts with each of the “Big Three” automakers over the past week, just as earnings reports from Ford and General Motors (GM) highlighted the financial damage done by the six-week strikes. Unlike Ford and GM, Stellantis has its headquarters in the Netherlands. billion). .”

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GM Ford Chrysler Netherlands 79

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. According to GM, the setback is only temporary due to “two minor components” in the EV models. Until then, GM will fill in the gap for buyers.

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Tax Credit Tax GM Cadillac 52

Baua Electric

MAY 24, 2023

County officers on Tuesday licensed a construction word of honour and tax diminish with GM for the mission. It amends an previous word of honour licensed utmost presen between the county and Ultium Cells LLC, the title of GM’s three way partnership with LG Power Resolution. ” GM mentioned in a observation.

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Indiana Tax GM Batteries 52

Teslarati

SEPTEMBER 13, 2021

Tesla CEO Elon Musk has shared a brutally honest take on the US Democrats’ revised EV tax credit proposal, which happens to be heavily pro-union. Under the revised proposal, the $7,500 tax credit would still be uncapped for automakers. The Democrats’ proposed revisions to the EV tax credit could be viewed below. .

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Tax Credit Tax United States Honda 145

Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. GM Retroactive refund! GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. GM EV Hummers on assembly line. Chevrolet Bolt. Buick Wildcat concept.

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. Separately, GM on Feb. Treasury on Jan.

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Green Car Congress

SEPTEMBER 20, 2011

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,

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Green Car Congress

JANUARY 2, 2013

The auto sector is likely to continue to be one of the key sectors that lead the U.S. However, our baseline forecast hinges on Washington’s ability to draft a budget plan that will avoid $600 billion in spending cuts and tax increases. Polk expects continued recovery in the industry in 2013 and 2014, a positive sign for the US economy.

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Electric Auto Association

APRIL 5, 2023

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. We also have news on the new Kia EV9 three-seater, GM moving on from Apple’s CarPlay, how to become an EV expert, and high-power charging for a truck stop. EV tax credit. kWh battery pack Est. 0-62 mph time is 9.4

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Tax Credit Tax San Diego Google 59

Teslarati

SEPTEMBER 28, 2021

Ford, GM, and Stellantis were widely praised in the event, and so was the United Auto Workers union. The Biden administration’s bias for union companies was highlighted recently when a proposal from the Democrats in the US House suggested that EVs made in a union factory should have an additional $4,500 tax incentive.

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Tax Sustainable Transportation Climate Carbon 135

The Truth About Cars

MARCH 13, 2024

That said, GM hasn’t had the smoothest rollout with its other electric models. After announcing that future EVs would be delivered without Apple CarPlay and Android Auto, GM released and quickly issued a stop-sale for the Chevy Blazer EV over software issues.

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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Barra said 2024 is the “year of execution” as GM looks to get back on track with EV production. GM announced Friday the stop-sale has been lifted.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Order a reprint of this article now APRIL 7, 2009 GM, Segway to Make Vehicle Article Video Comments more in Auto Industry News » Email Printer Friendly Share: Yahoo Buzz facebook MySpace LinkedIn Digg del.icio.us GM has slashed product-development programs, advertising and spending on auto-show events.

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GM Vehicles Personal Asia 57

Baua Electric

OCTOBER 22, 2024

General Motors (GM) continued its run this year, topping Wall Street’s estimates again in the third quarter. After outpacing Ford and Hyundai in Q3, GM is now the second-best-selling EV maker in the US despite offering fewer incentives. GM confirmed the long-awaited $35K Equinox LT model is now available, GM confirmed.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. FTC: We use income earning auto affiliate links.

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Tax Credit Tax GM Buy 52

Revenge of the Electric Car

FEBRUARY 23, 2010

Match the auto maker with its electric car: A. All will qualify for a $7,500 federal tax credit. The Think City, a two-seater with optional back seats for children, can travel at speeds of up to 60 miles per hour and go as far as 100 miles per charge, but it is also the most expensive, at about $37,500 before a tax credit.

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Plug-in Plug Al Gore NMG 140

Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” GM raised 2024 guidance for the second time this year after posting record Q2 revenue and North American profits.

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Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” GM raised 2024 guidance for the second time this year after posting record Q2 revenue and North American profits.

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GM GMC Cadillac Silverado 52

Teslarati

MAY 9, 2023

“Many auto analysts believe the Inflation Reduction Act (IRA) helps lift all EV boats… that any incentive is better than no incentive. We assume General Motors (GM) splits the tax credit 50%/50% with LGES, and Ford (F) 50%/50% with SK On,” the analyst wrote. We don’t think so.

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Tax Credit Tesla Nevada Tax 106

Green Car Congress

NOVEMBER 2, 2011

Through September of this year, Kia’s market share reached 3.5%, making it a top-10 auto maker in the China market. has annual capacity in China of 720,000 units—the combined Group expects to reach sales of around 1,150,000 units in 2011, placing it third in the Chinese market behind VW and GM. million units—a 14.2%

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Kia China Market Motoring 170

Baua Electric

MAY 20, 2024

GM had its fair share of EV hurdles last year, leading to disappointing sales. Moving past Production Hell After delivering 75,883 electric cars last year, GM missed its goal of selling 100,000 EVs in the second half of 2023. GM’s delayed rollouts were caused by software issues, freight delays, and other factors.

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. Keep Costs Manageable The price tag of installing EV charging stations can be a hurdle for auto dealerships, but there are options to lower this barrier. 2023 was a record year in EV adoption, with 1.2 increased from 1 6.5

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Charging Dealers Cars Tax Credit 105

Baua Electric

MAY 10, 2023

“GM Envolve is about working with our customers to create tailored solutions to help meet their unique challenges,” Peper mentioned. “GM Envolve will draw from the entire GM enterprise portfolio of business-to-business products and services for ICE and EV.”

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Baua Electric

JULY 25, 2023

GM Monetary stated on Tuesday that increased rates of interest harm its second-quarter profits, which have been indisposed 31 p.c Profits ahead of taxes for the quarter have been $766 million, indisposed from $1.1 Profits ahead of taxes for the quarter have been $766 million, indisposed from $1.1 GM Monetary originated $9.1

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GM Financing Tax Sale 52