President Donald Trump’s push to cut federal sales incentives and roll back emissions standards is shaping up to be a multibillion-dollar gift to Detroit’s automakers as they shift investments into gasoline-fueled cars. General Motors Co. last week said it would cut electric-vehicle production plans at two factories as it overhauls a third plant to make […] The post Detroit’s carmakers to save billions in Trump emissions rollback appeared first on Auto Finance News.| Auto Finance News
Some automakers’ sales climbed in August, in part from an EV sales rush ahead of the tax credit elimination. Automaker General Motors, which typically does not release monthly sales figures, reported that August was its best month for EV sales, with more than 21,000 EVs sold, according to a Sept. 3 release. GM saw an […] The post Toyota Motor North America sales rise 13.6% YoY in August appeared first on Auto Finance News.| Auto Finance News