$10,000 Electric Vehicles, Genesis GV80, American Readiness to Buy Chinese Cars

Jill and Tom are both in studio this week. The conversation started with a brief acknowledgment of the IRS-approved federal mileage reimbursement rate. Is it still the same as the cost of a first-class stamp? The hosts went on to discuss the hyper-affordable Chinese-built BYD Seagull, a $10,000 electric car that could be on a journey to the American market. Jill and Tom also went on to discuss the current new-vehicle redesign cadence, which has grown very long for some vehicles, including the Toyota 4Runner. Jill also shared her take on the Genesis GV80 premium midsize crossover. In the second segment the hosts welcome Ed Kim, President and Chief Analyst at AutoPacific. Ed shared the results of a study recently conducted by his firm regarding American consumer attitudes towards Chinese vehicles. The results are surprising. In the last segment, Jill is subjected to Tom’s “Fake Option Package” quiz.