Leased electric vehicles now qualify for $7,500 tax break that kicks in Jan. 1

The U.S. Treasury Department will now allow electric vehicles that are leased to qualify starting Jan. 1 for up to $7,500 in clean vehicle tax credits. The law allows for a conditional $4,000 tax cred...

U.S. auto sales fall slightly in Q3, but GM is a bright spot

DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...