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CEO Mary Barra presented a timeline for when GM will be able to satisfy new federal requirements to qualify for the $7,500 EV tax credit. GM electric vehicles will be eligible for $7,500 tax ...
Connecticut- up to $3,000 can be regained via rebate with Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) program. Delaware- The state government offers a $2,200 rebate to lease or buy an EV. They also have a $1,100 rebate to convert a combustion engine into a pure electric vehicle. [17]
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
On August 2, 2006, Governor George E. Pataki and State Senate Majority Leader Joseph Bruno announced plans for a new US$10 million State program to convert 600 vehicles in the state fleet to plug-in hybrid, conduct testing for greenhouse gas reduction technologies, and improve the efficiency of public transportation systems. [6]
The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program.
At General Motors' annual shareholders' meeting on Thursday, CEO Dan Akerson announced a new program: Photo credit: General Motors Co. Why Is GM Offering Free Maintenance?
Quebec's government earmarked CA$50 million (~ US$49.9 million) for the program, and the maximum rebate amount was set to be slowly reduced every year until a maximum of CA$3,000 in 2015, but the rebates would continue until the fund runs out. There was also a ceiling for the maximum number of eligible vehicles: 10,000 for all-electric vehicles ...
In an 8-K filing submitted by GM on Thursday, the automaker says it expects to take a $1.5 billion pre-tax charge, and up to $300 million in pre-tax, non-cash pension curtailment charges. GM said ...