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Model specific boards => Golf mk6 => Topic started by: JellyCat on 14 January 2010, 21:07

Title: What???? More price rises "Exchange rate threat to VW prices"????
Post by: JellyCat on 14 January 2010, 21:07
I suspect this must be about the recent price rise, but the date post was after the rises, and it seems to suggest prices later on depending if the exchange rate stays bad.

Volkswagen prices will have to rise if the pound continues at its current low level against the euro, says the new group head of sales and marketing, Dr Christian Klingler.

'Up to now we are handling the strength of the Euro, but if the pound stays at a low level prices will rise,' said Klinger.
http://www.whatcar.com/car-news/exchange-rate-threat-to-vw-prices/246488

I like the following:


So, does this mean a £30k GTI at the end of the year lol

But saying that I read that an entry level Ford Focus price is now more than a BMW 1 series!
Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: GolfTi on 14 January 2010, 21:12

But saying that I read that an entry level Ford Focus price is now more than a BMW 1 series!


Tiny bit of salt required I think.
Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: keelaw on 14 January 2010, 21:27
Quote from: JellyCat on 14 January 2010, 21:07
So, does this mean a £30k GTI at the end of the year lol



I think we're well into that territory already (with options)!


Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: FamilyDub on 15 January 2010, 10:55
Quote from: GolfTi on 14 January 2010, 21:12

But saying that I read that an entry level Ford Focus price is now more than a BMW 1 series!


Tiny bit of salt required I think.

 :huh: bucket load
Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: percymon on 15 January 2010, 12:29
Quote from: JellyCat on 14 January 2010, 21:07

But saying that I read that an entry level Ford Focus price is now more than a BMW 1 series!

Focus prices are silly, but then you'd get over 17% discount through a broker.  BMW discounts no longer available through brokers.

But there is avery little in them at RRP - my TDI is nigh on £20k now, BMW 116d Sport ca £20k but 9% discount achieveable, new Astra to similar spec - £20.5k but £4k discount available, Focus £20.5k again ca.4k discount available.You can even get almost £3k off a Civic at the moment.

VW may well be controlling supply, and with Porsche in the fold they should have some good rule sets, but at the end of the day they operate huge factories which need volume to bring the cost base down. The current pricing of the new Polo (even without the available 8% discount), suggest VW still target , rather than unit margins.
Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: Radek on 15 January 2010, 13:15
1-series is an old model. I remember when Nissan 370Z was launched last year, 350Z were sold at £18000 brand new (RRP was £28k). Wait till the new BMW comes out.
GM and Ford are known for 2 things - heavy discounts and losing money...

VW have been flooding the market with cheap Golf (reported 9999 euro in some countries!) but at some point they will consolidate, stop expanding and increase the margins.
Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: JellyCat on 15 January 2010, 21:54
Must admit, made me chuckle when I read the comment re the BMW 1 series vs golf lol
Think this what car comment re the Exchange rate must have been talking about the last rise as was about the same time.

Glad I got my Mk6 order in now.



Title: Re: What???? More price rises "Exchange rate threat to VW prices"????
Post by: carl1 on 16 January 2010, 07:44
People are going to be hanging on to there cars a lot longer