| Photo courtesy of Creative Commons (creativecommons.com). |
Dealer raise some car prices after Japan Crises
In summary, the Yahoo! Finance article states that the crisis in Japan is expected to slow car production and shipment. Dealers are charging sticker price for their vehicles. The article states that the price increase "will last weeks if not months" (Associated Press par. 4). I was surprised to find out that customers hardly ever pay sticker price for cars, especially small and hybrid vehicles. Now, that won't be possible due to the expected high demand and low supply. There won't even be room for negotiation.
Not only do companies around the block effect our everyday lives, but so do corporations on the other side of the world. For current car shoppers, this will be the toughest time to find a deal and there won't be much room for negotiation. But not only car shoppers will be effected. For us who already own Japanese-manufactured cars may be effected if anything happens where we need to import parts for repair of our vehicles. Keep in mind everything that happens around you, even when it's across the ocean. You never know how much it will effect you, no matter how far away.
Molly McAfee
Works Cited
Associated Press. "Dealers Raise Some Car Prices after Japan Crisis - Yahoo! Finance."Yahoo! Finance - Business Finance, Stock Market, Quotes, News. 17 Mar. 2011. Web. 17 Mar. 2011.
<http://finance.yahoo.com/news/Dealers-raise-some-car-prices-apf-2312869891.html?x=0>.