SUBARU SLASHES EV PRICING & TOYOTA IN HOT WATER | THE CAREXPERT PODCAST

EV Channels Review

The CarExpert Podcast panel discusses the significant $8,000 price cut on the upcoming Subaru Solterra EV, which has yet to be delivered to customers. This move, mirroring a similar situation with the Mustang Mach-E, raises questions about manufacturer confidence and market positioning, especially as the Solterra's base AWD model is still priced higher than the RWD Tesla Model Y. The discussion also touches upon Toyota's challenging start to 2024, marked by emissions testing controversies and a class-action lawsuit concerning 'Flex commissions' on finance. While Toyota has been cleared of emissions cheating, the cumulative negative headlines and the finance issue could impact public trust, though the panel suggests Toyota's strong brand loyalty and marketing in Australia might mitigate severe damage. The podcast concludes with the hosts' picks for hybrid SUVs, favoring the Mitsubishi Outlander PHEV for its practicality and the Lexus RX 350h for its comfort and efficiency.