The 2017 Chevrolet Bolt EV will have an initial price of $37,500. After a $7,500 tax credit from the U.S. government, the price will drop to around $30,000. That will help the Bolt EV become a mass-market vehicle. To make it even more appealing, the plug-in hybrid may be eligible for additional incentives depending on each individual states. California may be one of the most cost effective state to purchase the 2017 Chevrolet Bolt EV. With federal and state incentives, the price of the EV will be well below $30,000. That is a great price for a vehicle that offers a 200-mile driving range on a single charge. Pine Belt Chevrolet customers will be able to get their hands on a 2017 Chevrolet Bolt EV by the end of 2016.
President of Fuji Heavy Industries (Subaru’s parent company), Yasuyuki Yoshinaga, claims that being too big is a thing. Yoshinaga plans on halting the sales of Subaru vehicles once the annual sales hits 1.03 million units. Future annual sales caps may be raised to 1.1 million units. This idea revolves around maintaining the brand’s appeal in the niche market. Pine Belt Subaru in Lakewood sees many challenges in this scheme, due to the rapid growth the company is experiencing. The year 2015 marks the seventh straight year that Subaru has experienced record sales. The company has already surpassed its 2014 sales by almost 100,000 units with two more months left in the year. Additionally, with the introduction of a redesigned Impreza, a seven-seater crossover, a plug-in hybrid, and a new-generation BRZ coupe in the near future, the company is expecting even more growth. Subaru is highly committed to this annual sales cap because the company does not want to lose the brand’s characteristic, so finding the appropriate balance is key.
Subaru has big plans for the future of the Subaru XV Crosstrek. The first part of the plan is to change the name in the U.S. market, by dropping the “XV” portion when the crossover gets minimal modifications in the near future. The 2018 Subaru Crosstrek, which is part of the Subaru’s “Prominence 2020” vision, has been spotted testing in California. Subaru wants to be known as a company that produces high-quality vehicles. In order to meet zero-emissions standards by 2018 and even stricter standards by 2020, Subaru will be developing a plug-in hybrid version of the Crosstrek, as well as enhancing its powertrain technology in gas engines. Pine Belt Subaru in Lakewood is excited for the future of design and quality of the Crosstrek.