Joined
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468 Posts
Food for thought.
This is from page 5 of December 2004 Lotus Newsletter
Exports to North America have been largely hedged for the German manufacturers, says Griffiths, and the hedges “don’t start to unwind until the second half of the next year”, so the pricing need not be changed until then.
My questions are (although I don't expect any answers):
Did Lotus hedge as well?
When was the pricing of the Elise made?
Did the price increase of a few months ago complete any hedge shortfall due to the high demand?
Is this the Esprit problem (priced then the dollar pound problem priced the Esprit much higher) happening again?
The dollar Euro shift in the last few years may cause the European cars to become priced out of the market. This may be the last chance, for a while, to get a European car at a good price.
Fortunately the dollar pound pricing has not moved as much as the dollar Euro.
have fun.
Nick
This is from page 5 of December 2004 Lotus Newsletter
Exports to North America have been largely hedged for the German manufacturers, says Griffiths, and the hedges “don’t start to unwind until the second half of the next year”, so the pricing need not be changed until then.
My questions are (although I don't expect any answers):
Did Lotus hedge as well?
When was the pricing of the Elise made?
Did the price increase of a few months ago complete any hedge shortfall due to the high demand?
Is this the Esprit problem (priced then the dollar pound problem priced the Esprit much higher) happening again?
The dollar Euro shift in the last few years may cause the European cars to become priced out of the market. This may be the last chance, for a while, to get a European car at a good price.
Fortunately the dollar pound pricing has not moved as much as the dollar Euro.
have fun.
Nick