Ford announced last week it would raise the prices of most of its F-150 Lightning electric vehicles between $6,000 and $8,500, and General Motors increased the price of its electric Hummer by $6,250.
A battery is lifted into place for installation in the Chevrolet Bolt EV at the General Motors Orion Assembly plant in Orion Township, Michigan.
Ain’t capitalism grand?
Smart!
Wow! Nobody, I mean nobody, saw this coming...
Exactly what companies will do when their taxes go up due to Biden’s idiot inflation bill he just passed
Maybe they can pass a Poverty Reduction Act to end poverty and then everyone can afford an EV
This is not accurate. The price increases had nothing to do with the bill.
Look at that 😂😂
Yes, this is what has been happening in higher education for decades!!! Government raises grant money, and loan limits and colleges jack tuition ever higher.
LOL the vehicles they upped the price on are high end. The Hummer & lightning already sell WAY over sticker!! I saw a lightning that was listed at $109k ... msrp is $70k FYI the the 7500 credit is for vehicles under $40k so this article is complete CLICK BAIT. Way to spin it
SebGorka Besides the fact that the tax credit is a joke! 7500 “credit” for 70-80k vehicle.
Of course the corporation have the right to increase cost to us it should be illegal for them to do that for any raise in their taxes to work doesn't take a genius to figure that out
Your gullible American left
This is why after 37 straight GM vehicle purchases I bought my first HONDA !!! and my only choices I looked at were Honda & Toyota GM can kiss my $$ in the future I'm mad at myself for not switching sooner !
the reason is: they are the only ones who will qualify for the credit.
As usual, spinning the narrative. GM, Ford did raise the prices on trucks/SUVs by $6k-$8500 due to increased production costs, BUT the trucks/SUVs were NEVER ELIGIBLE for the rebate in the 1st place. But you knew that Breitbart. There is a cap of 55k for cars, 80k for trucks/SUVs
PressSec POTUS ….. ScamBill
Corruption abounds! Elites helping elites.
Capitalism.
RealDeanCain Hahaha . Sen_JoeManchin thanks to you, sell out.
SebGorka Horrible..we suffer as victims to Ford
RealDeanCain Same playbook as universities: government subsidies ➡️ tuition ⤴️ government subsidies ➡️ price ⤴️
What! Time for another committee investigation .
The Gov. 'Giving' things away results in socialism, earning things is capitalism.
Buy a VW.
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