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Volkswagen considering price hike
Volkswagen is making money hand over fist right now thanks to cost cutting measures and increased global sales, and the German automaker wants to keep the good times rolling. High commodity prices for items like steel, aluminum and rubber are beginning to eat away at VW's cash horde, so the German automaker may hike the prices of its vehicles. VW marketing chief Detlef Wittig told reporters that he feels automakers are afraid to raise prices in such a competitive sales environment, and that the company was monitoring the situation closely. ... Read more →
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Volkswagen considering price hike 1 year ago on Autoblog
Volkswagen is making money hand over fist right now thanks to cost cutting measures and increased global sales, and the German automaker wants to keep the good times rolling. High commodity prices for items like steel, aluminum and rubber are beginning to eat away at VW's cash horde, so the German ...
Saw dust shortage to affect car prices? 1 year ago on Autoblog
In the past few years, we've all heard about the price of cars and trucks being impacted by the price of steel. We've also heard about the reduction in the numbers of trucks sold due to the downturn of the housing market. According to this article (sub. req'd), there is a new raw material affecting ...
Score one for the free market: US dumps most of its steel tariffs 2 years ago on Autoblog
Yesterday the U.S. International Trade Commission lifted tariffs on imported steel from Australia, Canada, France and Japan, and there was much rejoicing in the boardrooms of many automakers that build cars and trucks in the U.S. The tariffs were originally put in place on cheap steel imported into ...
U.S. automakers call for end to steel tariffs 3 years ago on Autoblog
The Big Six U.S. automakers (General Motors, Ford Motor, Toyota Motor, DaimlerChrysler, Honda Motor and Nissan Motor) are calling for the U.S. International Trade Commission to put an end to heavy tariffs on imported steel. Current tariffs boost the price of high-grade steel from Australia, Canada, ...
Autoblog Podcast #152: Paukert Enhanced!
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