GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV0

• Economy
• January 7, 2023

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in