Tag: Incentives

By on August 18, 2020

2019 Nissan LEAF Plus - Image: Nissan

Want to wear your environmental activism on your sleeve? Park some of it in your driveway.

Gone are the days when driving an electric car required careful trip planning — and white-knuckled, pit-stained trips to the suburbs. Automakers have finally endowed their greenest rides with enough range to keep anxiety mostly at bay.

And, because there’s a pandemic (among other factors impacting electric vehicle sales), some of those same OEMs really want to move those cars off the lot. There’s deals to be had, greenies. (Read More…)

By on August 14, 2020

2020 Chevrolet Silverado logo badge

General Motors has conquest on the mind. As the Labor Day long weekend and all of its associated new car deals looms, the automaker wants to woo owners of Fiat Chrysler products (or their family members) into top-selling Chevrolet and GMC models.

It’s not a huge incentive, but it does call attention to the General’s renewed rivalry with Ram. Chevrolet in particular wants to widen the pickup sales lead it only just recaptured from its resurgent rival. (Read More…)

By on July 6, 2020

fca

Nations like Germany might treat internal combustion engines like a shirtless man lighting up a Marlboro in a neonatal intensive care unit, but some countries still feel that they have a place in the automotive landscape. Italy even plans to put public dollars behind their purchase.

When economies and industries are suffering, governments can sometimes do the unthinkable.

(Read More…)

By on June 29, 2020

Image: Ford

Your mileage will vary, automakers. As consumer confidence increases to some degree — a phenomenon partially dependent on what the novel coronavirus is doing in various regions — auto sales are expected to follow.

Forecasters now claim U.S. auto sales will see a marked uptick in June that pales next to the jump seen in May. (Read More…)

By on June 16, 2020

Image: GM

If you weren’t aware, the sprawling General Motors assembly plant in Lordstown, Ohio is no longer cranking out Chevy Cruzes. No plant is. And there’s now a strange “Lordstown Motors” sign adorning the complex, with some sort of crazy promise about building electric pickups? Wild.

The state of Ohio certainly took notice, recalling the economic development agreement it signed with the plant’s former owner more than a decade ago. Those public perks were dependent on GM continuing operations at the plant until a point many years in the future. Fork it over, Ohio recently told GM. (Read More…)

By on June 15, 2020

Tesla CEO Elon Musk has made it painfully clear that Texas is his first choice when it comes to locations for a second U.S. vehicle assembly plant. The executive, disillusioned and annoyed with Silicon Valley and the general California experience, had somewhere in the central or southern U.S. on his mind when he started hunting for a new plant location.

A report out of Austin Monday suggests Tesla could be close to sealing a deal. (Read More…)

By on June 9, 2020

hyundai

In the midsize sedan war, the Hyundai Sonata is like Japanese forces in the Pacific — slowly  losing ground as powerful enemies amass an ever larger share of the territory. When faced with the name recognition and brand appeal of the Toyota Camry and Honda Accord, maintaining your position means throwing everything you have into the fight.

Into that battle came the radically restyled 2020 Hyundai Sonata, joined imminently by the Sonata Hybrid — a sedan that gets up to 52 mpg on the combined cycle. Hyundai has apparently decided that money talks, and that the new hybrid will ride into battle waving cash at local townfolk. (Read More…)

By on June 4, 2020

Image: Porsche AG

Germany isn’t fooling around anymore. Electric cars are going to become the norm, and that’s final.

After pledging last year to boost electric vehicle subsidies by 50 percent over the first half of the decade, Germany has doubled down on its EV efforts in the wake of the coronavirus pandemic. If you’re in the market for a gas-free car, expect the government to fill your pocket with cash. If you’re the buyer (or the maker) of a gas-guzzling SUV, look out. (Read More…)

By on June 1, 2020

2018 Lexus RX 350

The new vehicle market has stopped marching. For three weeks in a row, sales in the U.S. plateaued, mirroring COVID-19 case levels in many locales. Try as they might, neither doctors nor dealers seem capable of eradicating all of the bad and returning the country to its coronavirus-free, spend-happy ways.

Things take time.

If you’re a purveyor of premium cars, however, things are looking up. If mainstream’s your bag, uncertainty reigns. And if you thought Memorial Day Weekend sales offers would stimulate the industry and kick-start a renewed sales climb, well, you were out of luck. (Read More…)

By on April 29, 2020

Buick Grille Logo Emblem, Image: General Motors

Not sure about you, but these past few weeks has seen yours truly think more about remdesivir and potatoes (at alternating times) than the Buick brand. I’d put the ratio somewhere close to 99:1, though you could add an extra digit to that first number and probably still be bang-on.

Yes, it’s a brand that’s not top of mind, earning itself more headlines for ditching cars than for adding crossovers. And yet, when our lockdowns end the the virus is vanquished and the open road cries out its alluring siren song, cushy, long-legged cruising machines might be the first thing to cross your mind. It seems Buick has just the thing for you, but you’ll have to act fast — and search long and hard. (Read More…)

By on April 29, 2020

Amid steep drops in operating profit and a dismal sales outlook, both Volkswagen and Mercedes-Benz parent Daimler are appealing to the state in a bid to generate sales demand.

Both automakers appealed to the German government for assistance on Wednesday, Reuters reports, ahead of a meeting of auto industry leaders. With vehicle production making up a big part of Germany’s GDP, the shutdowns enacted to slow the spread of COVID-19 has left the sector hurting. That pain is expected to last through 2020. (Read More…)

By on April 23, 2020

2017 Toyota Tacoma TRD Pro grey - Image: Toyota

When venturing out of the home carries an extra degree of danger, automakers know there needs to be a reward for breaking self-isolation. Even if physically entering a dealership isn’t necessary, there’s still the current economic uncertainty to dissuade customers.

As we told you yesterday, U.S. auto sales are on the rebound, slowly rising from the rock-bottom position reached less than a month ago. While per-vehicle incentives are, on average, on the decline (the byproduct of a smaller pickup slice in the retail mix), discounts aren’t the only way to lure customers into a buy. There’s also loan rates —  and it seems Toyota has finally arrived at that party. (Read More…)

By on March 9, 2020

The affliction of quarterly sales reporting seems to be particularly virulent, as the practice has jumped from its domestic host and is now infecting foreign automakers. Regardless, some OEMs still report sales on a monthly basis.

Despite gathering economic gloom and an approaching pandemic, February was a hot month for new vehicle sales, though the numbers weren’t entirely organic. (Read More…)

By on February 28, 2020

2018 Chevrolet Impala, Image: General Motors

Yesterday was a sad, sad day for lovers of the traditional domestic full-size sedan — a rapidly vanishing breed. The last Chevrolet Impala rolled out of Detroit-Hamtramck, and with it the last General Motors big car.

Chapter closed.

It’s a sign of the times. By the end of this year, Buick’s lineup won’t even play host to a single car, let alone a big, four-door one. Cadillac dropped its CT6 in January. But if you’re thinking that the Impala’s discontinuation will lead to immediate, juicy discounts, think again. (Read More…)

By on February 19, 2020

A perplexing vehicle we discussed not long ago has never been cheaper, but don’t expect to read about it in an ad.

The Volkswagen Arteon, a large-ish midsize premium sedan that exists despite the presence of Audi beneath the VW Group umbrella, was apparently struck by Cupid’s arrow on Valentine’s Day. Contained in that arrow (fired from a window at VW of America HQ) was incentives. (Read More…)

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