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I think for the economy in general the effect might be small as long as the final consumer spends the money on alternatives. For example I buy a Ford instead of
by Gys 5y ago
I think for the economy in general the effect might be small as long as the final consumer spends the money on alternatives. For example I buy a Ford instead of a Chrysler (which is unavailable due to missing chips).
- tonyedgecombe 5y agoI’d imagine manufacturers are shifting what capacity they have to higher margin products and pushing up the prices on those products. It’s probably a good time to slaughter a few sacred cows as well. In some ways it could be good for them.
- Gys 5y ago'Rather than relying on the traditional volume-based sales target, the two [Mercedes and BMW] aim to sell fewer cars and make more money.' https://www.motor1.com/news/532591/mercedes-bmw-keep-prices-high/ https://www.motor1.com/news/532591/mercedes-bmw-keep-prices-... If this happens in a large scale, inflation will rise.
- delecti 5y agoI work at Mercedes and can confirm that my (company performance based) bonus was great this year for exactly that reason. It's been weird doing so well personally while everything is going crazy.
- jcims 5y agoThat's probably true if it were the case, but it seems that entire industries are impacted.