Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as ...
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it ...
Ford Motor Co. warned that profit may fall by $2 billion or more this year on an expected drop in vehicle prices and costly ...
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CarBuzz on MSNThe Tesla Cybertruck Now Qualifies For Federal Tax Credit DiscountsThe Tesla Cybertruck has reached a milestone: it has finally become eligible for the coveted federal tax credit. The ...
Electric cars hit record adoption rates in recent months, but Tesla's shaky sales and an uncertain future for the $7,500 tax ...
Ford could be hurt by the removal of EV federal tax credits and tariffs imposed on Mexico and Canada. Will the company ...
Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.
Some news in the EV market: Hyundai Motor Group, which includes the Kia and Genesis brands, has models that now qualify for the $7,500 federal electric vehicle tax credit. In recent years ...
“These programs are legally entrenched, widely supported, and designed to withstand political turbulence,” said Kathy Harris, ...
With more models hitting the market and massive incentives, electric vehicles are just as affordable, if not more, than ...
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his ...
"I think people are not going to buy an EV because of the incentive they're going to buy a car because they want it." ...
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