Friday, November 15, 2024
Biden administration's recent rules substantially slash the electric vehicle models eligible for the $7,500 tax credit from 24 to just 13. Records reveal a significant reduction, excluding vehicles with Chinese battery components from the credit.
General Motors (GM) has initiated a significant transformation of its US Buick dealership landscape. Employing a voluntary buyout strategy, GM has cut its Buick dealership network in half, a strategic move to maximize sales and profitability per location. This transformation aims to prepare for the Electric Vehicle (EV) revolution.