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      11-30-2022, 01:41 PM   #21
tgrundke
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Drives: '23 M340xi; '16 GTI Autobahn
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The reality is that the industry has been impacted by rising material, energy, and labor costs. They've been able to offset that due to pricing power due to the COVID induced shortages that resulted.

Two price increases within six months is pretty significant (MY2023 changeover and now a mid-year increase).

The question now is: with the market cooling, and likely to cool significantly more in the next six months, will these price increases come back to bite them?

Quote:
Originally Posted by TheBingoBalls View Post
Car industry has largely been unaffected from a profitability standpoint during and after COVID. It's looking to go south really quick.

Prices of these cars doesn't make sense to the average buyer. If you were stretching yourself thin just to get into a BMW/Mercedes/Audi before, it's a lot worse heading into the new year. $1,300/month for a C300? $8-900/month for a 330? Yikes.