Tag: Automobile Pricing

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford’s struggle in China continues as the company’s equity income from its two joint ventures in China dropped 34% in the second quarter of the year to $195 million. The company’s main challenge happens to be the domestic Chinese automakers that have started offering economical and competitive models using predatory pricing strategy in view of […]

Road test: Ford Kuga – midlife crisis leads to facelift | The Irish Times

Road test: Ford Kuga – midlife crisis leads to facelift | The Irish Times

Yet the Asians have ridden roughshod over more established western brands. So why is the Hyundai Tucson Ireland’s favourite new car, while the Ford Kuga languishes down in 26th place? Part of it is certainly down to price: when it arrived on forecourts several years ago the Kuga was uncompetitive compared to rivals. It was […]

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation Inc. is sticking by its commitment to a one-price model on used-vehicle sales, even though the switch dragged down the retailer’s used-vehicle margins in the second quarter. The nation’s largest dealership group fully implemented its one-price strategy in the second quarter. The strategy has been successful in some markets and difficult in others, CEO […]

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

Quarterly vehicle sales were down 2 percent on a same-store basis, AutoNation said. Total revenue was $5.28 billion for the second quarter compared with $5.44 billion a year ago. Jackson said he expects new-vehicle sales to continue a 2 to 3 percent drop. On CNBC-TV’s “Squawk Box” Wednesday morning, Jackson said consumers are shifting from […]

Tesla Is Pulling an Apple-esque Marketing Move With Model 3 | Madison.com

Tesla Is Pulling an Apple-esque Marketing Move With Model 3 | Madison.com

Making it simpler for the customer There’s another aspect to consider. Tesla has received criticism over the true kWh capacity and usable portion of its battery packs, especially when it comes to the controversial pricing strategy associated with software-limited packs. By obfuscating the true capacity of Model 3 battery packs (though Tesla tinkerers like Jason […]

Tesla stock falls after delivering Model 3 electric car | USA Today

Tesla stock falls after delivering Model 3 electric car | USA Today

Tesla announced that initial versions of the Model 3 would carry a starting price of $44,000 before the $35,000 base model is available later this fall. A version loaded with all available options would cost $59,500, according to Barclays. It’s “one of the oldest car dealer advertising ‘tricks’” to promote “a low price of a base […]

Why Americans can’t buy the new Mercedes-Benz X-Class pickup truck | Business Insider

Why Americans can’t buy the new Mercedes-Benz X-Class pickup truck | Business Insider

For Mercedes, the profitability of bringing an all-new truck into the market is questionable. Through June, consumers have purchased only 216,000 mid-size pickups in the US with annual growth at roughly 2.4%. The full-size segment is growing at 4.8% annually. Further, Kelley Blue Book data shows the average transaction price for the segment at $32,000 […]

VW hopes an aggressive pricing strategy will help it kick Tesla’s butt | Digital Trends

VW hopes an aggressive pricing strategy will help it kick Tesla’s butt | Digital Trends

While Model 3 production began in early July, Tesla still hasn’t announced pricing information. We know, however, that it will start at approximately $35,000, meaning the I.D. will carry a base price of approximately $27,500. That’s before incentives are factored in, too. Depending on where you live and which incentives you’re eligible for, the price […]

At BMW India, 50% of the car’s price is just taxes, says Vikram Pawah | Business Standard News

At BMW India, 50% of the car’s price is just taxes, says Vikram Pawah | Business Standard News

Q) Should entry prices for luxury cars come down to expand the market? A) The component of pricing in India includes manufacturing cost and taxes. We have been constantly localising. Of our 16 models, eight volume products are locally produced and have an average 50 per cent localisation, including engine. Tax is a big component. […]

‘Exorbitant pricing’ of Quantum at centre of taxi strike | Fin24

‘Exorbitant pricing’ of Quantum at centre of taxi strike | Fin24

Last week Thursday Santaco threatened to shut down the whole country if the highly used Toyota Quantum manufacturer did not respond to their demands within seven days. A week later they pulled the trigger. When it was introduced, it was at a fully imported price of R220 000. It is now produced locally at a price […]