In February, Renault Group CEO Luca de Meo had suggested the French automaker wouldn't resort to price cuts.
Renault brand CEO Fabrice Cambolive said the automaker is reviewing its prices after Tesla's cuts, marking a U-turn compared to a previous position iterated in February by Renault Group CEO Luca de Meo.and their confidence in the value of their vehicles. He vowed that Renault"will continue to protect the value" of its electric vehicles, suggesting that it wouldn't resort to price cuts., the French automaker's position seems to have changed.
Renault brand CEO Fabrice Cambolive said the wave of price cuts by Tesla is a"warning" for rival manufacturers of electric vehicles. He noted that Tesla's price cuts would force Renault to take a close look at its pricing policy worldwide, according to"We will analyze country by country, market by market, which level of competitiveness we need to have to stay in the match," he told reporters on April 17.
"It's clear that Tesla cutting prices is a challenge, starting with the cost side of things. It's a warning that we are looking at," he said. Sales of the electric Renault Megane rose sharply in March, with strong orders despite a very limited discounting policy. But that was before Tesla cut Model 3 prices.costs the same now in some European markets. The electric Megane is a subcompact hatchback with SUV styling cues while the Tesla Model 3 is a compact luxury sedan.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Renault reviewing prices worldwide after Tesla cutsFrench carmaker Renault is reviewing its pricing policies of electric cars worldwide to ensure it stays competitive after a wave of price cuts by rival Tesla Inc , a top executive said on Monday.
Consulte Mais informação »
Tesla Building Brand-New Production Line For Giga MexicoTesla's next factory will be located near Monterrey, Mexico, and it will produce cheaper EVs on a brand-new platform, which will require a new production line.
Consulte Mais informação »
Supreme Court considers Christian mail carrier's refusal to work SundaysAn evangelical Christian former mail carrier's fight with the U.S. Postal Service over his refusal to work on Sundays gives the Supreme Court another chance to widen religious rights but also has led to a debate over whether religious people are more legally deserving than others to weekend days off from work.
Consulte Mais informação »
Park Ridge considers charging assisted living sites, nursing homes for high number of 911 callsPark Ridge is considering charging its six assisted living and nursing home facilities for emergency services to help cover some of its costs.
Consulte Mais informação »
Google panicking after Samsung considers making Bing default Galaxy search engine: NYTGoogle is in panic mode after learning that Samsung might ditch its search engine after 12 years for Bing.
Consulte Mais informação »