
GM cancels EV credit extension; Genesis turns 10 with big ambitions
08 Oct 2025
• 22 min
• EN
General Motors cancels its electric vehicle tax credit extension and will offer its own discount instead. Ford faces a $1 billion hit from an aluminum plant fire. Plus, Hyundai Motor’s Genesis brand turns 10 and now aims to make a splash in the luxury high performance segment.
From "Automotive News Daily Drive"
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