Ford Credit Floorplan pays a fixed rate to ABS investors, while the dealers' assets pay a rate pegged to the flexible prime ...

The federal EV tax credits expired after September 30, but Ford and GM are trying to extend the $7500 incentive, as first reported by Reuters. Ford is working with dealers on a program to allow ...

DETROIT (Reuters) -Ford and General Motors are racing to sign up car dealers for programs that would effectively extend the use of a $7,500 U.S. tax credit on leases of electric vehicles beyond the ...

DETROIT (Reuters) -Ford Motor is walking back a program that would have allowed dealers to offer a $7,500 tax credit on EV ...

Just 24 hours after General Motors announced it would drop the EV tax credit extension scheme, Ford did it as well, following ...

Michigan-based automakers Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:GM) are reportedly working on dedicated programs that could extend the IRA EV credit beyond President Donald Trump's ...

These Detroit automakers have found a financial workaround to help EV customers continue to get the federal tax credit.

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press. Ford Motor Co. and ...

DEARBORN, Mich.--(BUSINESS WIRE)--The accomplished leader of Ford’s customer-focused financial services business will retire during the first part of next year and be succeeded by a longtime company ...

Ford reported third-quarter U.S. overall automotive sales up 8.2%, marking its seventh consecutive month of sales growth. Electric vehicle sales hit 85,789 in the quarter, up 19.8% year-over-year. The ...

30 Tax credit eligibility applies to retail leases only, according to documents outlining Ford's program obtained by the Detroit Free Press. Electric vehicle purchases and fleet vehicles do not apply.