This is part of a broader strategy to create greater certainty in pricing. Hopefully, dealers will abstain from playing games with add-ons and fees, and consumers will be more confident that they are getting a fair deal and the best deal when they bargain.
More Quotes from Peter Morici:
They're thinking, 'We went through the jump in energy prices and the hurricane and we came out without noticeable damages. Now it's the holidays, and gas prices are down, so consumers are feeling mellow and content - and cautiously confident about the future.Peter Morici
GM's 'employee discount' promotion established GM can sell vehicles if it sets prices at what consumers are willing to pay and makes those prices clear. Unfortunately, the public is not willing to pay what it costs to make GM cars and trucks.
Peter Morici
The trade deficit remains the single most important tax on U.S. growth and burden on American workers.
Peter Morici
We're far enough away (from full employment) that we don't need to give it a thought or worry for quite some time. If the labor market starts to improve, we'll have a lot more people return to the labor force, so we need a lot stronger gains than we've been seeing to get near a 4 percent unemployment rate.
Peter Morici
This is not a war on the scale that it changes the face or personality of the domestic economy, but it is a small tax on the domestic economy.
Peter Morici
We are caught in the situation of needing more materials for the construction effort and less ability to make them. The port's closure disrupts a lot of supply lines,
Peter Morici
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Based on Topics: Fairness QuotesBased on Keywords: add-ons
The word liberal distinguishes whatever nourishes the mind and spirit from the training which is merely practical or professional or from the trivialities which are no training at all.
Alan K. Simpson
Time destroys the speculation of men, but it confirms nature.
Marcus Tullius Cicero
On the recollection of so many and great favours and blessings, I now, with a high sense of gratitude, presume to offer up my sincere thanks to the Almighty, the Creator and Preserver.
William Bartram