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      09-12-2021, 01:45 PM   #1
taek
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BMW and Daimler pledge to keep prices high when chip crisis ends

https://archive.is/EFsOt#selection-2027.177-2031.177

Quote:
“We will consciously undersupply demand level[s],” Harald Wilhelm, Daimler’s chief financial officer told the Financial Times, “and at the same time we [will] shift gears towards the higher, the luxury end.”

BMW had “seen a significant improvement in pricing power in the last 24 months,” said chief financial officer Nicolas Peter. The Munich-based carmaker’s plan was “clearly to maintain . . . the way we manage supply to maintain our pricing power on today’s level,” he added.
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