Will a renewed focus on residuals succeed in keeping a lid on rising new car costs?
in particular have said they’re not going back to those bad old days and instead promised to actively restrict supply. Not quite as restricted as now but still lower. Quality of sales rather than quantity is the new mantra. “It's what we have learned with the semiconductor crisis,” Cartier said.
Car makers also have a range of shiny new levers to pull to help them protect residual values. For example, can bring the latest digital services, apps and even features to a second-hand car. With a click of a button, a used car can be better specced than when it was delivered to the first customer. Car makers are looking to the chip makers to supply the most sophisticated digital brain possible to ensure the car is upgradeable for the second/third/fouth owner. “The reason why we are changing this architecture is… to increase the residual value of the car,” said Thierry Cammal, the head ofGroup’s Software Factor, during an announcement earlier this year that it will collaborate with chip maker Qualcomm on future digital platforms.
With a simple update of the software to boost power and features and perhaps even the addition of an ‘S’ badge, it’s easy to imagine car makers upgrading used electric cars to a price bracket not far off that of a basic new version. And even if the car itself is approaching the end-game, the battery inside is likely to still have value for static energy storage.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Montas, still with the A’s (for now), blocks out trade talk to focus on Opening Day“I was like, ‘If it happens, it happens,’ but I’ve still gotta go and compete. I’ve still got to go do my job.”
Read more »
Buying in bulk available to pet owners to help the planet and their pocketbooksAs prices are rising on almost everything we buy from cars, furniture, food, and gas, a new report reveals the cost of owning a pet is also going up.
Read more »
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year HighBitcoin is being eyed with caution as surging inflation-adjusted and nominal government bond yields in the U.S. and worldwide could complicate matters for risk assets. godbole17 reports.
Read more »
New A’s manager Mark Kotsay isn’t getting bogged down in negativityKotsay is stressing opportunity rather than focusing on a roster stripped of star players for financial reasons.
Read more »
Letters: Punish criminals | A’s owe fans | Help Alzheimer’s patients | Motivating new cops | Silver liningEast Bay Times Letters to the Editor for April 8, 2022
Read more »
Athletics' Opening Day Roster: Top Prospect Cristian Pache Makes TeamThe Athletics will have 14 pitchers and 14 position players on the roster when they open their season Friday against the Phillies at Citizens Bank Park.
Read more »