Auto Imports Tariffs Timeline On Foreign Cars – Auto News. Feb. 17 is the deadline for the Commerce Department to publish a report on the national-security implications of auto imports that could justify tariffs on foreign cars.
If you think President Donald Trump’s trade agenda was busy in 2018, get ready for much more to come in the new year. The first quarter of 2019 will be pivotal, as the U.S.
Tax Credit For Electric Vehicle Owners – All States | Luxury Care, The federal government and a number of states offer financial incentives, including tax credits, for lowering the up-front costs of plug-in electric vehicles (also known as electric cars or EVs).
The federal Internal Revenue Service (IRS) tax credit is for $2,500 to $7,500 per new EV purchased for use in the U.S. The size of the tax credit depends on the size of the vehicle and its battery capacity. To find out specific tax credit amounts for individual vehicles, click here!.
Electric Vehicle Sales in the U.S. in 2018 – Electric Cars Newsroom. GM hit 200K total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said Wednesday.
The largest U.S. automaker reached the figure in the fourth quarter of 2018, which means the credit will fall to $3,750 in April, and then drop to $1,875 in October for six months. The credit will completely disappear by April 2020. The 200,000 figure covers GM’s cumulative EV sales since 2010.
IIHS to Begin Testing Pedestrian-Detection and Automated-Emergency-Braking Systems The Insurance Institute for Highway Safety will add the tests to its roster of vehicle-safety evaluations.
Three separate tests will be conducted. In the first, a dummy representing an adult-sized pedestrian enters the lane from the right side as the test vehicle approaches at 12 mph and again at 25 mph. The pedestrian is midway between the right side and the center of the vehicle.
BMW, Mercedes Pivot From Enemies to Partners in New Auto Era BMW AG dodged a takeover attempt by Mercedes-Benz parent Daimler AG six decades ago, and ever since the two luxury-car icons have been bitter rivals — until recently. Reflecting the historic challenges gripping the auto industry, BMW and Daimler are reaching across the aisle to team up in what’s become an emerging trend in the sector. The latest rapprochement between the German manufacturers involves talks to join forces on key components including vehicle platforms, electric-car batteries and autonomous-driving technology, according to people familiar with the matter. That could mean models like the BMW 2-Series coupe and Mercedes A-Class sedan could one day share similar underpinnings, a prospect that would have been anathema to both sides just a few years ago. That’s changing as crushing development expenses for next-generation vehicles, a looming slowdown in conventional models and agile new competitors prod unprecedented cooperation. “The pressure on […]
When Santa Brings a Car, They’ll Need a Bigger Tree Every December, the holiday classics return to television, mainstay tales like “Frosty the Snowman” and “How the Grinch Stole Christmas.” And don’t forget those commercials where someone wakes up to a luxury car in the driveway on Christmas morning. Except those ads aren’t just Yuletide fantasies. Yes, there are people who give a car worth $60,000, $80,000 or more to someone special during the holidays, even rushing into a dealership on Christmas Eve. So many people give costly cars as presents that gift sales can make up 10 percent or more of December sales for luxury auto dealers, brand representatives and dealers say. Also, yes: Those gigantic car bows are real (picture below), and they’re a crucial factor in making the sale. “Gift cars are about 15 percent of our December business,” Chris Brunner, general manager of Park Place Lexus […]
Lexus remains dealers’ most-liked brand, NADA survey finds After spending a year out of the top spot, Lexus once again is the most-liked automaker by dealers who responded to the most recent National Automobile Dealers Association Dealer Attitude Survey. The luxury brand finished ahead of its mainstream sibling, Toyota, in the winter 2018 survey, the results of which were released Monday. Lexus had been runner-up to Toyota in the previous two surveys, conducted in winter and summer of 2017. Prior to the 2017 surveys, Lexus spent several years atop the ranking. Lexus remained the most-liked brand by dealers in the latest ranking of the National Automobile Dealers Association Dealer Attitude Survey, while Porsche overtook Audi to land in the top five. Lexus sibling Toyota retained the second spot, followed by Subaru repeating at third and Honda remaining in the No. 4 position in NADA’s summer 2018 survey. NADA released the […]
Toyota’s top U.S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. Toyota’s U.S. car sales are down nearly 12 percent through October. DETROIT — Toyota’s top U.S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. U.S. CEO Jim Lentz told the Detroit Economic Club on Wednesday that car sales fell below 30 percent of sales last month, and he thinks that’s close to the bottom. While Fiat Chrysler FCAU, -1.21 %, Ford F, +0.24% and General Motors GM, -0.03% are canceling many car models, Lentz doesn’t see that happening with Toyota TM, -0.56% 7203, -0.60 %. Consumers are still buying more than 4 million compact, midsize and near-luxury cars each year, he said. “There’s no way I’m going to walk away from that,” Lentz said. “We are always […]
The Best New Automotive Technology & Auto Tech Trends to Watch in Next Year Automotive technology is advancing at an ever-faster pace. Every new model year seemingly brings a new slew of high-tech features. Not every vehicle is available with all or even some of these features, but it’s important to know what’s out there and what you should expect to get for your money when it comes time to buying a new vehicle in 2019. Here we’ll take a look at some of the new tech you’ll likely come across in any search for a new vehicle in the coming model year. Vehicle Control Via an App What Is It? In our ever-evolving connected world, automakers have begun to offer apps that allow us to interact with our vehicles from afar. This could be from across the parking lot or on the other side of the world. These apps […]
Pessimism in Automotive Business in the firm’s Dealer Sentiment Index can be tied to threats of higher tariffs, slower traffic, and declining profitability.
The index reading came in at 49, indicating dealers expecting conditions to be weak in the future outnumber those who think conditions will be strong. “The fourth quarter represented a notable negative turn in overall dealer sentiment and their outlook for the future,” said Cox Automotive Chief Economist Jonathan Smoke.
Toyota was the brand least likely to need check engine repairs over the past year, edging out Acura and Hyundai, which rank No. 2 and No. 3 respectively. Mazda, which ranked second last year, is now the brand with the lowest average repair cost ($286), followed by Kia ($320), Dodge ($326) and Hyundai ($328). Honda and Toyota are the only two brands to rank in the top 10 on both lists. The 2016 Audi Q5 is least likely to need a check engine light-related repair. The 2017 Hyundai Tucson costs the least on average ($67) to repair when the light is on, with a loose gas cap or an improperly installed intake air duct the two most common reasons the Tucson’s check engine light illuminates. CarMD.com Corp. has released its 2018 CarMD Vehicle Health Index Make and Model Reliability Rankings.. Published annually since 2011, this Index analyzes check engine repairs and […]
GAC Motor Chinese automaker looks to develop partnerships with dealers. With some 550 companies exhibiting at this year’s NADA Show Expo, China’s GAC Motor definitely has an edge on getting attention: It’s looking to develop partnerships with dealers. At NADA, “we hope we can lay a solid foundation for the future sales network through seeking potential partners and hearing advice from friendly and effective communications with experienced dealers,” says GAC Motor President Yu Jun. Other automakers also are exhibiting at the NADA Show, including Fiat Chrysler Automobiles (FCA), Ford, GM, Mitsubishi, Subaru, and Toyota. But dealers are always particularly intrigued when a new automaker enters the field, and GAC plans to start selling its vehicles in the U.S. market by the fourth quarter of 2019. Of course, what really piques dealers’ interest is a product, which is why GAC plans to display three to five premium models at the show. […]
Private Label Car Detailing Products by Luxury Care Products LLC. PRIVATE LABEL AUTO CARE PRODUCTS by LUXURY CARE. We Manufacture Premium Car Care & Detailing Essentials: Buckets Clay Bars Car Duster Plastic Razor Blades CleanTools Absorber Heavy-Duty Degreaser Microfiber Towels & Cloths Headlight Cleaner & Sealant Wheel & Rim Cleaning Spray Tire Shine Gel and Applicator Detailing Bag & Trunk Organizer Microfiber CarWash & Hand Mitt Touchless Sealant (wax alternative) Auto Interior & Exterior Detailing Brush & Applicators And more … Who are the five auto giants investing in? The General Motors investment strategy for the past two decades has focused predominantly on autonomous vehicles. Out of their investment total sum of $338,710,000, almost half of that, $159,000,000, was spent in 2017 on Nauto Inc; a company that claims to be rethinking transportation safety by building a data platform for autonomous mobility that makes driving safer and fleets of vehicles […]
