jokbanga.blogspot.com
MUNICH, May 17 (Reuters) - Hyundai Motor Co's (005380.KS) European chief said the carmaker was not making a direct change to its pricing in response to Tesla's (TSLA.O) price cuts, adding consumers needed reassurance that prices wouldn't go up and down.
"We are not taking what I'd call a knee-jerk reaction to what the competition does... we know that Tesla's pricing will alert some consumers to consider Tesla that hadn't before, so of course you have to look at that," Hyundai Motor Co Chief Executive for Europe Michael Cole said at the Reuters Automotive Conference in Munich.
"We have to be confident in our pricing strategy," he added.
Reporting by Joseph White, Victoria Waldersee; Editing by Rachel More
Our Standards: The Thomson Reuters Trust Principles.
Adblock test (Why?)
"auto" - Google News
May 17, 2023 at 02:39PM
https://ift.tt/w17HjLX
Hyundai Europe CEO: we won't take a "knee-jerk reaction" to Tesla - Reuters
"auto" - Google News
https://ift.tt/JyYvjBV
https://ift.tt/hxbi7QC
Bagikan Berita Ini
Related Posts :
Millennials, Gen Z Can't Afford Auto Loans And It's Getting Worse - Jalopnikjokbanga.blogspot.com
It’ll come as a surprise to no one, but Gen Z and Millennial car buyers … Read More...
$500K worth of property, including 700-pound safe, stolen from Canton auto shop - Boston 25 Newsjokbanga.blogspot.com
CANTON, Mass. — Surveillance video shows a group of thieves burglarizing a bu… Read More...
Zeigler Auto adds 3 stores, including first Kia car dealership - Automotive Newsjokbanga.blogspot.com
Zeigler Auto Group purchased Elhart Automotive, of Holland, Mich., the compa… Read More...
Man taken to hospital after car catches fire at auto shop in Gloucester - The Boston Globejokbanga.blogspot.com
A man was taken to the hospital after a car caught fire at an auto shop in G… Read More...
Recent graduate is interested in auto body work, but may also become nurse or EMT - East Idaho Newsjokbanga.blogspot.com
IDAHO FALLS — Treysa Mitchell recently graduated from Technical Careers High … Read More...
0 Response to "Hyundai Europe CEO: we won't take a "knee-jerk reaction" to Tesla - Reuters"
Post a Comment