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dpg50000

Ford To Increase Prices Of Its Cars By 4%

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http://news.sky.com/skynews/Home/Business/...Average_Of_4%25

And guess what, they're blaming the Pound / Euro exchange rate....

Yup, definitely deflation on the horizon. <_< Petrol's also back over a quid a litre now.

< Edit to add - Ford also increased their prices in February, according to ITN News. At this rate, Ford cars will soon double :D Let's see if the public are as happy about that as they are house prices going up.... >

Edited by dpg50000

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http://news.sky.com/skynews/Home/Business/...Average_Of_4%25

And guess what, they're blaming the Pound / Euro exchange rate....

Yup, definitely deflation on the horizon. <_< Petrol's also back over a quid a litre now.

Well it is no surprise. I and other have been banging on about this for ages. You cannot depreciate your currency without importing inflation.

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Anyone who buys anything remotely "techy" and imported has known this for at least a year.

Some stuff i watch is up 70% on 15 months ago.

With re to Ford.

A. Im glad i bought my car when i did. Because of the 2 rises since scrappage started and all the toys i got i could probably cover my outlay after a years driving. Not that i will mind.

And B. Much more obviously, the scrappage "discount" has been eaten. Whole. :lol:

Brown fails to understand the big wide nasty world once again.

Maybe if just ONE of his cabinet had ever had a proper job they would have seen this coming.

Twats all.

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What you lose in volume you can make up in margin.

This.

Whilst the earlier increases were largely a function of the deprecation of Sterling, this one, is about profit.

Volumes are down, however Ford market share has increased.

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