MUNICH — Hyundai Motor’s European chief Michael Cole mentioned the automaker was not making a direct change to its pricing in response to Tesla’s worth cuts, including shoppers wanted reassurance that costs wouldn’t go up and down.
“We’re not taking what I’d name a knee-jerk response to what the competitors does… we all know that Tesla’s pricing will alert some shoppers to contemplate Tesla that had not earlier than, so in fact it’s important to have a look at that,” Cole mentioned on the Reuters Automotive Convention in Munich.
“We’ve to be assured in our pricing technique,” he added.
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