General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. General Motors Co. has canceled its next-generation ...
General Motors has canceled its next-generation hydrogen fuel cell development efforts and scrapped a planned $55 million factory in Detroit after determining no path forward for the nascent ...
GM initially had a way to virtually extend tax credits, but now it’s caving to political pressure. General Motors had a program in place that would have effectively extended federal EV tax incentives ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
After the $7,500 federal tax credit for electric vehicles expired at the end of September, GM was among the automakers planning to extend the incentive through leasing. That will no longer be the case ...
These models assume perfect success: that incentives are decisive, jobs wouldn’t arrive otherwise and fiscal returns outweigh giveaways. They’re often churned out by conflicted firms paid by the very ...
An Oklahoma relocation program paid Californians $10,000 to move to the state, and some say they have never looked back, according to a Los Angeles Times report last month. The paper spoke with former ...
In an ambitious move reminiscent of movies like "I, Robot," General Motors (GM) and driverless vehicle technology company Cruise planned to launch a robotaxi program. Also referred to as autonomous ...
Andrew Luck is back at Stanford, not just as a former player basking in past glories, but as the general manager of the football program that once revolved around him as the school's star quarterback.
The company plans to develop autonomous driving technology with a focus on personal-use vehicles, with the first step involving a "hands-free, eyes-free" autonomous driving system with a human in the ...