By Summer Ballentine, MediaNews Group

General Motors Co. no longer will apply for federal electric vehicle tax credits as part of a strategy to extend savings to customers after Congress and President Donald Trump axed the government incentive program in September, the Detroit automaker confirmed Wednesday.

The company will continue to offer about $6,000 in savings on EV leases through October, with the cost footed by GM. The federal tax credit offered savings up to $7,500.

“GM worked on an extended offer for the benefit of our customers and dealers,” according to a GM statement. “After further consideration, we have decided not to claim the tax credit. GM will fund the incentive lease terms through the end of October.”

GM and crosstown rival Ford Motor Co. used their finance arms to p

See Full Page