OnDemand WTP Pricing Research

Tag: Automobile Pricing

GM posts $8.1 billion 2018 profit on strong vehicle pricing | WBTW

GM posts $8.1 billion 2018 profit on strong vehicle pricing | WBTW

DETROIT (AP) – General Motors posted an $8.1 billion net profit for 2018, fueled by better prices for vehicles sold in the U.S., its most lucrative market. It’s a strong rebound from the previous year when the company lost $3.9 billion on a giant tax accounting charge. GM made $10.8 billion before taxes in North […]

Tesla’s Model 3 pricing inches closer to $35,000 target | The Verge

Tesla’s Model 3 pricing inches closer to $35,000 target | The Verge

Tesla has reduced the price of the Model 3 by $1,100, bringing the starting price of its cheapest model down to $42,900 before incentives. All three versions of the car saw the same price reduction, including rear-wheel drive, all-wheel drive, and performance models. In a statement posted by Electrek a Tesla spokesperson said that the […]

We will have to rework our pricing strategy: Pawan Munjal, Hero MotoCorp | The Economic Times

We will have to rework our pricing strategy: Pawan Munjal, Hero MotoCorp | The Economic Times

There is a cost issue here as well. There is going to be a transition to BS-VI. Two-wheelers sales are very sensitive to any price revisions. Is there going to be a change in your pricing strategy or are you going to stick to features over pricing model? It is all work in progress. There […]

Tesla cuts Supercharger prices back down after customer backlash over increase | Electrek

Tesla cuts Supercharger prices back down after customer backlash over increase | Electrek

Tesla Supercharger Price Increase As we reported last week, Tesla is moving away from its per state/region pricing structure to implement a per station pricing structure in order to get more comprehensive prices based on local electricity rates and demand charges. But the change in the structure is also coming with an overall significant increase in […]

This 7000-mile twin-turbo Toyota Supra just sold for $121,000 | Hagerty

This 7000-mile twin-turbo Toyota Supra just sold for $121,000 | Hagerty

A pristine 1994 Toyota Supra just sold for $121,000 on Bring a Trailer, making it the most expensive factory Supra ever sold at auction. Yes, the Supra is now officially a six-figure car. After reaching $90,000, bidding calmed for more than a day until the closing minutes when a bidding frenzy kicked the final price […]

Tesla adjusts Model 3 prices amid lowered $3,750 federal tax credit | Teslarati

Tesla adjusts Model 3 prices amid lowered $3,750 federal tax credit | Teslarati

To say that the past year has been monumental for Tesla is a gross understatement. By the end of 2018, the electric car maker had established itself as a leader in the premium EV market, and the Model 3, its most ambitious vehicle, continues to perform well. Seemingly as a means to ensure that the […]

Carmageddon for New Cars, But Used Cars are Hot | Wolf Street

Carmageddon for New Cars, But Used Cars are Hot | Wolf Street

In 2018, new-vehicle sales will be a tad over 17 million units, retail and fleet combined. But used-vehicle sales will be about 40 million units, sold by franchised dealers (such as Ford or Toyota dealers), independent used-vehicle dealers, and individuals. The used-vehicle retail market is backed by a large and liquid wholesale market where rental […]

Tesla Model 3 Performance targets BMW M3 with ultra-competitive pricing in China | Teslarati

Tesla Model 3 Performance targets BMW M3 with ultra-competitive pricing in China | Teslarati

Following an announcement from authorities about the upcoming suspension of extra tariffs placed on vehicles imported from the United States, Tesla has reduced the pricing of some Model S and Model X variants in China. The Model 3, which is expected to start deliveries next year, also received some price adjustments. As it turns out, […]

2019 Hyundai Nexo hydrogen fuel-cell vehicle pricing: Puzzling economics | Green Car Reports

2019 Hyundai Nexo hydrogen fuel-cell vehicle pricing: Puzzling economics | Green Car Reports

Pricing for hydrogen fuel-cell vehicles, like the upcoming 2019 Hyundai Nexo, hasn’t meant all that much up until now. That’s because both of the other fuel-cell vehicles currently offered—and most of them offered to date—emphasize highly subsidized lease programs. But it’s actually not in this case here. Hyundai plans to sell the Nexo, not just […]

Boost Dealership Transparency with One-Price Selling – Barry Schwartz, Robertson Honda | CBT Automotive Network

Boost Dealership Transparency with One-Price Selling – Barry Schwartz, Robertson Honda | CBT Automotive Network

After becoming the GM at his dealership, Barry took a gamble and transitioned the entire sales department over to a one-price selling structure. No negotiations and a no hassle environment became the main objectives. Although it was difficult to transition the dealership at first, after three months, he brought the company culture on board with the […]