Categories: Europe

Hyundai Europe CEO says automaker will not take a ‘knee-jerk reaction’ to Tesla

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.

админ

Share
Published by
админ

Recent Posts

Nissan installed cameras to monitor COO’s home, report says

Nissan put in a digicam surveillance system on the residence of former COO Ashwani Gupta…

11 mins ago

Louisville Police Bust Multi-State Car Theft Ring Recovering Over $3M In Vehicles

Louisville Police Bust Multi-State Automobile Theft Ring Recovering Over $3M In Automobiles | Carscoops Authorities…

11 mins ago

Michigan group sues to stop Ford battery plant

A gaggle against a Ford Motor Co. electrical car battery plant in Marshall, Mich., is…

3 hours ago

Toronto’s Alpha Auto group buys UK’s Lookers plc for approximately $780M

Toronto-based Alpha Auto Group is reaching throughout the Atlantic with a transformational deal to amass…

3 hours ago

Singer DLS – Turbo, Ford Mustang GT4: Car News Headlines

Singer has returned with a wild improve for the 964-generation Porsche 911 that turns it…

3 hours ago

2023 Roush Super Duty Costs $13,400 Above The Base Truck But Offers No Extra Power

2023 Roush Tremendous Responsibility Prices $13,400 Above The Base Truck However Presents No Additional Energy…

3 hours ago