Category: Incentives

By on January 2, 2019

2017 Chevrolet Bolt and 2017 Chevrolet Volt - Images: GM

Good news for would-be Volt owners? Not really. Chevrolet’s soon-to-be-discontinued plug-in hybrid won’t live long enough to suffer the indignity of a halved federal EV tax credit. It’s dead in March, though remaining examples of the car everyone should want will no doubt linger on lots through the spring.

On Wednesday, General Motors announced, as expected, that it became the second automaker to pass the federal government’s 200,000-vehicle threshold, kicking off a three-month countdown to a chopped incentive. Read More >

By on October 12, 2018

The European new car market is in a period of extreme flux. Once-dominant diesels are on the way out thanks to new regulations, looming bans, and cancelled tax incentives, with electrified vehicles poised to take over the high-MPG role.

But not everything’s rosy in the clean, green market on the other side of the Atlantic. A new, more accurate way of measuring fuel economy went into effect last month, and governments — as well as automakers — suddenly realized certain vehicles weren’t as clean as initially thought. Looking to buy a plug-in hybrid in the UK? Say goodbye to that juicy government incentive. Read More >

By on August 16, 2018

tesla model x, Image: Tesla Motors

In June, Ontario — the place just over yonder from Detroit and Buffalo — switched governments for the first time in 15 years. As part of his planned overhaul of the province’s finances, newly minted leader Doug Ford announced the cancellation of an electric vehicle rebate program that handed up to $14,000 to buyers of green cars.

Hardly an appropriate use of taxpayers’ dollars in a place where the debt’s approaching a third of a trillion dollars, the government implied. Ford axed the rebate last month, with buyers allowed to accept the former perk until Sept. 10th. Sorry — almost all buyers. Read More >

By on August 16, 2018

2018 Toyota Camry SE white rear - Image: Toyota

Toyota resisted the urge for some time. However, the reality of falling sales numbers meant the automaker had to finally pull out its wallet and start incentivising the country’s best-selling midsize sedan.

We told you earlier this month that Camry sales aren’t enjoying the same buoyancy seen after the release of the new-for 2018 model in the latter part of last year. Possibly as a result, Toyota’s discounts, initially available only to Camry lessees, now migrate to buyers.  Read More >

By on June 25, 2018

2018 Chevrolet Bolt - Image: Chevrolet

Should Tesla hit its vaunted 5,000-Model-3s-per-week production target at the end of this month (a figure that means nothing if it can’t be sustained over the long term), the electric automaker faces another hurdle: the impending phase-out of the $7,500 federal EV tax credit.

While Tesla isn’t the only automaker staring down the barrel of this incentive loss, it’ll be the first to cross that line. Estimates place the phase-out point in July, though the taps only begin turning off two quarters after the automaker hits the 200,000 plug-in vehicles mark. Unlike some of its its electric rivals, however, the impact on Tesla won’t be as painful. Read More >

By on June 11, 2018

2019 Ram 1500

What happens when you launch your first all-new full-size pickup in a decade with only one of the three planned engines ready to go? Fiat Chrysler’s finding out with its 2019 Ram 1500, which entered production at the dawn of the new year. Five months later, and there’s still no mild hybrid Pentastar V6 or similarly electrified 5.7-liter V8.

The 2019 model’s off the launch pad, but hasn’t cleared the tower. Thankfully for the brand, FCA saw fit to keep the older generation in production, satisfying buyers who like lower MSRPs and available six-cylinder powerplants. That doesn’t help would-be buyers who keep showing up at FCA dealers in search of a thrifty new Ram, however. Read More >

By on May 29, 2018

A larger-than-average new vehicle inventory, compounded by a change in strategy and dismal April sales figures, means fewer vehicles leaving Nissan assembly plants in the United States and Mexico in the foreseeable future.

The automaker plans to cut production by as much as 20 percent in the hopes of firming up its bottom line. Read More >

By on March 10, 2018

2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV), Plug-In Outlet

Ontario, that strange land located between Detroit and Buffalo (and elsewhere, too) became the largest Canadian market for electric vehicles in 2017. There was good reason for it, too. Imagine walking into a dealer showroom, eyeballing a flashy luxury car, and suddenly your local political representative rushes in and hands you a check for $14,000, no strings attached.

Thanks, fellow taxpayers!

This subsidy is what buyers of Tesla Model S and X vehicles, retailing for over six figures (Canadian MSRP), enjoyed in Ontario until very recently. It’s important to note, though maybe not to certain folks, that the province holds the world’s largest sub-sovereign debt, most recently tagged at $311 billion, and pays over a billion dollars a month to service the interest on that debt.

Sorry, Ontario Tesla buyers. The party’s over. Again. Read More >

By on March 6, 2018

Image: FCA

Ram announced pricing today for its snazzy new 1500 pickup and, while the relentless upward march of MRSPs continues unabated, starting prices may not have risen as much as you may think.

Critically, Ram also saw fit to release the costs for upgrading to their intriguing eTorque Hemi, a power team that promises the trucker’s holy grail – extra low-end grunt for hauling and increased fuel economy on the highway.

Hewing to another law of retailing, while base prices for the 2019 model haven’t moved the needle significantly from last year’s sticker, 2018 models now enjoy large rebates in some markets.

Read More >

By on January 6, 2018

2018 Ford EcoSport - Image: Ford

To put it mildly, the TTAC crew has been less than enthusiastic about the 2018 Ford EcoSport ever since Ford Motor Company announced the overseas subcompact crossover would come to America, filling a gap at the bottom of Ford’s utility lineup. Having not driven one, we’ll hold off on any assumptions about the model’s abilities or quality.

But it’s interesting to note, as EcoSports arrive on dealer lots across the U.S., that Ford’s giving the model a helping hand right out of the gate. Read More >

By on December 11, 2017

Expect your local Nissan salesman to work extra hard for that pre-Christmas sale. That’s because Nissan, which can still boast a year-to-date sales increase in the United States, isn’t exactly overflowing with 2018 models.

Inventory of 2017s remains higher than the automaker would prefer, meaning it needs to do something to move old stock out before the end of the year. But rather than heap more factory bonuses on its vehicles (the company’s incentive spending is second only to Kia in the industry), Nissan figures it’s a better deal to throw incentives at the salesperson.

“Happy holidays. Can I interest you in a new Rogue? Seriously, how ’bout that Rogue?” Read More >

By on December 9, 2017

2017 Porsche Panamera 4 e-hybrid

It’ll be a long time before Porsche removes any hint of internal combustion from its beyond-iconic 911. The flat-six is safe for the next decade or so.

However, Porsche CEO Oliver Blume says the company wants a plug-in hybrid version, hopefully by 2023 — when the next-generation model reaches its mid-cycle update. “It will be very important for the 911 to have a plug-in hybrid,” Blume told Automotive News last week. There’s no stamp of approval yet, but Blume feels the German automaker “will go for it.”

This shouldn’t come as a surprise. If European sales of the recently introduced Panamera E-Hybrid are any indication, an electrified 911 is an insurance policy that’s sure to pay off. Read More >

By on November 25, 2017

2018 Toyota Camry LE - Image: Toyota

Black Friday, the strange and alluring date that compels companies to push certain deals in a bid to firm up the bottom line, doesn’t end when the clock strikes twelve. Nor do the savings only apply to bizarrely non-car-related items that can leave readers of certain websites scratching their heads. Automakers, for example, regularly push Black Friday savings through to the end of the month.

With a handful of days remaining, there’s no shortage of car companies ready and willing to dent your new vehicle’s hood with a bag of cash. So, if you’re in the market, put down that bamboo oil diffuser and let your mind (and wallet) roam. Here’s what might be on offer at your local dealer. Read More >

By on November 14, 2017

It’s the miserable month of November and Jaguar, like other automakers, wants those pesky unsold 2017 models off its dealer lots. Specifically, it wants a sporty model whose sales cooled off over the summer to vamoose. Be gone.

To make it happen, Jaguar has sent bundles of cash, possibly via Royal Mail, to its U.S. dealer network. Should your dealer prove to be of the generous type, there could be $30,000 in savings to be had. Read More >

By on November 10, 2017

There’s renewed hope among electric car aficionados this morning. That’s because a tax plan unveiled by the U.S. Senate Thursday keeps the cherished (among some circles, anyway) EV tax credit alive, according to details released last night.

Should this part of the Senate’s tax reform proposal make it through to law, EV buyers could continue erasing $7,500 from the window sticker of their gas-free car. Read More >

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