#incentives

Tesla Motors is currently offering up a bevy of incentives, even a few it once discontinued, in order to maximize deliveries before the end of the quarter. The brand has also reached out to enthusiastic owners who may want to help during its time of need, creating a weird sort of volunteer army for itself.

The company is desperate to prove to investors that Model 3 volume is making meaningful headway before its next shareholders meeting. As you’ll recall, the Department of Justice opened a criminal investigation after the Securities and Exchange Commission began a civil probe into Elon Musk’s August tweet about possibly taking Tesla private. The automaker also fired more than 3,000 employes over the summer and lost several important executives. It’s been a rough year for the brand, which makes having a good quarter all the more important.

While a significant portion of that battle is being waged at the factory, helped by simplified paint options and new car carriers, Tesla thinks it can move enough extra metal at its delivery centers to make up some of the difference.

Just as one incentive prepares to fade away, another green vehicle bonus looms on the horizon. California is considering upping the amount of cash buyers of electric vehicles stand to gain from their state government at purchase time — boosting the subsidy from today’s $2,500 to $4,500.

The potential change comes after Tesla reached the 200,000 limit for the full federal EV tax credit in July, with General Motors and Nissan trailing not far behind.

This time last year, automakers were busy offering discounts to Houston-area residents in the aftermath of Hurricane Harvey. With Hurricane Florence now leaving billions of dollars in damage in her wake, we appear to be settling into an new trend of annual incentives stemming from natural disasters. It’s like truck month for a very specific and unfortunate consumer group.

While none of the current deals are on par with replacing a vehicle obliterated by the storm, they are nice little incentives that could help influence your purchasing decisions. CarsDirect compiled a short list of the manufacturers offering discounts if customers can prove their automobile was lost to an Act of God this month.

Spring might be a time of renewal, but fall is generally when old gives way to new on dealer lots. Not necessarily, though. If the “new” 2017 Fiat 124 Spider I recently spotted against a backdrop of 2018 Ram 1500s on my local FCA lot is any indicator, some brands have a tough time turning over a new leaf, so to speak. (Fiat’s problem is especially grim compared to other brands.)

Bloated inventories, scattered new model introductions, and a fickle buying public have made “new car season” less apparent than ever, and the problem seems to be growing worse.

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.

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.

Major manufacturers saw their fortunes take a dip in July, with red ink spilling across the page like an airport departures board during a snowstorm.

More than ever, sales performance seems tied to the number of crossovers and SUVs available at a given OEM. Sedan heavy marques are taking a beating. Even Ford’s strong selling truck line could not drag the company’s results into the black, thanks to a tanking of sedan sales.

As comedian and secret smart guy Norm Macdonald states during his standup routines, “Now, I don’t want to get political, but…”

Of course, Norm then trails off into a topic that’s completely removed from politics, like waiters using a sexualized tone while describing succulent desserts. I’ll keep it toned down here, lest an uproar ensues. From time to time, the actions of governments raise questions pertaining to vehicles that we can discuss without freaking out, and this happens to be one of those times.

Anyway, it turns out I’ll no longer be paying for a minute portion of someone else’s Tesla purchase.

Tesla Motors announced Thursday that it officially reached 200,000 deliveries this month, which is good news in terms of overall sales. But the figure also means the company has surpassed the threshold requiring that federal tax credits be phased out, which is bad news.

Some speculate that, without government incentives, fewer people will be willing to buy Tesla-branded vehicles. While that’s a possibility, the brand offers unique, trendy models not readily available elsewhere. We’d presume a discount on an iPhone would probably help sales as well, but affordability it isn’t the main reason people purchase them.

We’ll see what kind of impact it has on the automaker as the $7,500 federal electric vehicle tax credit for new owners is gradually phased out. It will also be telling for the electric vehicle market as a whole, as Tesla is the first EV producer to reach the limit.

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.

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.

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.

As sometimes happens, there’s a war brewing in the heart of Europe. This one isn’t like the others, though — instead of nation versus nation, it’s a case of lawmakers versus privately owned vehicles, primarily those of the diesel persuasion.

So eager are some city governments to ban the operation of diesel-powered cars and trucks in or near urban centers, BMW Group has taken the unusual step of issuing a promise. In a bid to allay fears of new (or newish) vehicles becoming useless to their owners, the automaker claims it will let German lessees return their diesel vehicles and switch to a gas-powered model.

Don’t worry about the government, BMW wants its customers to know. Just enjoy that compression ignition engine while you can.

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.

Nissan has long-standing tradition in North America of being a bargain brand. While the automaker fields plenty of affordable options with a base MSRP undercutting that of its rivals, it has also leaned on aggressive incentivizing and heavy fleet sales. This helped Nissan chase volume in the U.S., but CEO Hiroto Saikawa is no longer convinced it’s a winning strategy.

He’s tasking Denis Le Vot, Nissan’s new North American boss, to improve profitability and brand value after the company’s operating profit dipped 50 percent in the region in the last quarter of 2017.

It’s a tall order for Le Vot, who has only had a little over one month to settle into being the regional chairman for the brand, and Saikawa is only giving him another two to figure out how to pull it off. However, he’s hinting at a strategy that eases off dealers, offers fewer market incentives, and ditches a reliance on fleet sales.