Thanks a million for the heads up. I just read that thread now and at least am reassured that it seems to be happening countrywide. Not that that's a good thing but it's a Hyundai thing.Have a look at the ioniq thread on boards.ie. It seems to have happened loads of people
The car industry make their money on volume. Supply issues this year are hammering most manufacturers, and their share prices.So less marketing spend, no promotions and higher prices = higher margins and higher share prices
VW found out that less cars at a higher price gives more profits and are continuing along this road.The car industry make their money on volume. Supply issues this year are hammering most manufacturers, and their share prices.
VW found out that less cars at a higher price gives more profits and are continuing along this road.
VW to scrap dozens of models to focus on profitability
‘People’s car’ pioneer will prioritise more expensive vehicles such as its Audi and Porsche modelswww.ft.com
Given that the range reduction hasn't even started to take effect yet, it's a bit early to say they 'found out' at this point. The market didn't welcome the news too enthusiastically with the share price just now regaining a losing streak since the announcement.VW found out that less cars at a higher price gives more profits and are continuing along this road.
VW to scrap dozens of models to focus on profitability
‘People’s car’ pioneer will prioritise more expensive vehicles such as its Audi and Porsche modelswww.ft.com
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