A recap of the week’s car news including an affordable Model 3, a place for the C8 Corvette unveiling and an uncertain future for the VW Golf.
The week’s news was centered around electric vehicles with the Government of Canada iZEV incentive program effective on May 1. That led to a new and more affordable Tesla Model 3 among other noteworthy news. We also learned this week that the Volkswagen Golf’s future is uncertain and we found out where Chevrolet expects to unveil the C8 Chevrolet Corvette.
Tesla Model 3 Qualifies for Inventive Program
The Canadian federal EV incentive program set a price limit at $45,000 for qualifying vehicles, or $55,000 for other versions of models that have a starting price of less than $45k. And so Tesla unveiled this week an entry-level model costing $44,999 and in doing so, it made its more powerful Model 3 versions with more range qualify for the $5,000 EV rebate. The base model has just 150 kilometers of range, but the key is that the Tesla Model 3 Standard Range Plus which starts at $53,700 and has 386 kilometers of range is now eligible for the $5,000 rebate.
Read more on the more affordable Tesla Model 3 model.
The Volkswagen Golf May Disappear in 2020
Volkswagen is apparently thinking of removing the regular Volkswagen Golf from its US lineup next year, leaving only the Volkswagen GTI and the Volkswagen Golf R. The US market is quite different from the Canadian market and the VW Golf is nowhere near as popular down south as it is in Canada. There were nearly 3x more Volkswagen GTI sales in the US last year compared to regular Golf models.
Read more about Volkswagen’s plans for the 2020 Golf.
The Mid-Engine Chevrolet Corvette Will Be Unveiled in California
Invitations for the new mid-engined C8 Chevy Corvette debut have started to go out according to MidEngineCorvetteForum which means we now know the unveiling will happen in Orange County, California on July 18 2019. We also got a glimpse at the new C8 Chevy Corvette logo.
Lexus is working on a new entry-level car
Lexus has needed an entry-level car ever since the hybrid CT200h was taken off the market. It appears the Japanese automaker is working on a new more affordable vehicle that would slot below the Lexus IS and would arrive in 2021. It would be based on the Toyota TNGA platform and although nothing has been confirmed yet, we expect to see a hybrid version as well as 2.0-liter four-cylinder engine taken from the UX subcompact SUV.
Read more about a possible entry-level 2021 Lexus model.