GM fights to retain U.S. tax credit for electric vehicles

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 99%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

General Motors is fighting to retain a valuable U.S. tax credit for electric vehicles as the automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I would never buy an electric car..

This is where Elon Musk should purchase soon-to-be abandoned GM plants, then focus on reliable electric cars in Canadian weather.

That’s rich.

GM is changing their business model and their manufacturing sites so I don’t believe promised grants should be given

Well, since Oshawa shut down, it seems they won’t be getting any Canadian Tax credits either.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM fighting to retain electric-vehicle tax credit targeted by Donald TrumpThe U.S. president reacted angrily to GM’s plans for plant closures and layoffs, saying he is ‘looking at cutting all GM subsidies, including for electric cars.’ globebusiness Yes please give us that free money aka Corporate charity so we can continue to outsource everything to cheap labor countries, and close more plants in North America. globebusiness Any business that requires welfare handouts is not a business it’s a joke. globebusiness Workers in Oshawa had their lives changed forever weeks before Christmas. GM deserves no sympathy or charity from North American taxpayers. boycottGM
Source: globeandmail - 🏆 5. / 92 Read more »