Tag: Automobile Pricing

Sophisticated pricing software is boosting car sales | IOL Business Report

Sophisticated pricing software is boosting car sales | IOL Business Report

Renault, JLR and Peugeot said their pricing strategies for spare parts were legal, did not take advantage of car owners and were focused on efficiency and ensuring availability for motorists. Peugeot said its replacement parts strategy “consists in offering ranges of spare parts that meet the needs of all customers, regardless of their budget, at […]

Will Dynamic Pricing Change Sales of Car Parts? | PYMNTS.com

Will Dynamic Pricing Change Sales of Car Parts? | PYMNTS.com

Dynamic pricing has produced more than $1 billion in revenue for automakers over the last decade, according to a report from Reuters this week (June 3). The account of that earnings boost not only reveals how the process works, but raises questions about how the use of pricing software might change the automotive and insurance […]

Consumer Catch-up: Southwest ticket sales, Tesla refunds, computer car parts | abc7news.com

Consumer Catch-up: Southwest ticket sales, Tesla refunds, computer car parts | abc7news.com

Customers want Model 3 refunds When Tesla announced its lower priced Model 3, hundreds of thousands of pre-orders flooded in. Now many consumers are asking for their money back. A third party look at the pre-orders shows 23 percent have been refunded. The company told the website Recode that number is incorrect, but doesn’t say […]

Software and stealth: how carmakers hike spare parts prices | Reuters

Software and stealth: how carmakers hike spare parts prices | Reuters

LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which […]

Product Gems: Car Sales 101: Anchoring | Product Gems

Product Gems: Car Sales 101: Anchoring | Product Gems

Very few buyers expect to pay the full advertised price for a new car. Walking into the showroom you’re confident of negotiating a good deal, remembering that one time you haggled for some souvenirs in a bazaar on holiday. You see the price sticker in the car window. Of course, you’re not going to pay […]

Tips for Pricing Parts in Your Automotive Business | Small Business Trends

Tips for Pricing Parts in Your Automotive Business | Small Business Trends

Setting prices is an essential step for any new business. But in the automotive industry specifically, pricing can often be tricky. Manufacturers and large businesses often set prices or recommendations that small businesses can’t or shouldn’t compete with. So in order to price parts that will allow a small business to run sustainably, it can […]

Single ex-showroom price: Carmakers making a switch to one nation-one price | Business Standard News

Single ex-showroom price: Carmakers making a switch to one nation-one price | Business Standard News

Confused about different ex-showroom prices of a car in your city and another one? Well, that is soon going to become a thing of the past. One nation-one price for cars is happening as mass segment players have started shifting to a single ex-showroom price for cars, more than three quarters after the introduction of […]

Volvo Polestar One Pricing Details Emerge,Almost As Much As A 911 Turbo! | Fansided

Volvo Polestar One Pricing Details Emerge,Almost As Much As A 911 Turbo! | Fansided

We have recently seen Volvo opening pre-orders for its highly anticipated performance coupe, the Polestar1. But the carmaker had been keeping their eyes shut to the high demand for the car and have not been giving any clue as to how it would be priced until very recently. But not anymore! The Beijing auto show […]

Toyota Makes It Really Hard Not To Choose The Hybrid Version Of The 2019 Avalon | Forbes

Toyota Makes It Really Hard Not To Choose The Hybrid Version Of The 2019 Avalon | Forbes

“If you look back, historically at Avalon, we peaked at about 25 percent hybrid,” she said. “That was several years ago, when our value relationship was closer to where we’re coming in now, so we would expect to see that 15 percent grow with the value story that everyone will be hearing about.” One possible […]

Hero XPulse & Hero Xtreme 200R pricing strategy revealed | Indian Autos

Hero XPulse & Hero Xtreme 200R pricing strategy revealed | Indian Autos

A report from Autocar Professional gives a finer idea about the pricing strategy of Hero MotoCorp’s two upcoming premium motorcycles- Hero Xtreme 200R and Hero XPulse. The brand is reportedly focussing on the premium segment, especially where the price of the products is up to INR 1 lakh (core premium segment for the brand). Malo […]