Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories
By Charles Morris General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington.
As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very …read more