A Volkswagen spokesman said the company had already doubled sales of its ID. series of electric cars last year, and was refusing to cut prices like some competitors just to maintain the number of cars sold.

Source: https://www.nytimes.com/2023/04/14/business/china-shanghai-auto-show.html

It’s a surprising little twist when you consider the fact that the EV maker with the biggest piece of the pie by a mile – drastically cut prices in recent months.

Source: https://jalopnik.com/new-cars-are-finally-selling-below-sticker-1850332108

More recently, food inflation has also surged, with prices more than 10% higher now than they were a year ago despite recent pledges to cut prices from supermarkets.

Source: https://www.irishexaminer.com/business/economy/arid-41188324.html

Mr Mould said: “The decision to cut prices on certain food lines has proved wise, making its products appeal to a broader customer type.

Source: https://www.heraldscotland.com/business_hq/23916716.marks-spencer-nationwide-cheer-andrew-bailey-brexit/?ref=rss

On Thursday, Chief Executive Jim Rowan told Reuters that as long as demand continues to be high for the automaker, he saw no reason to cut prices.

Source: https://jalopnik.com/toyota-broke-records-last-year-but-still-expected-more-1850382031

Our December builder survey showed that 43% of builders cut prices month over month, while 56% left prices flat.

Source: https://fortune.com/2023/01/25/housing-market-recession-could-be-bottoming-out-what-does-it-mean-for-home-prices-zonda-ali-wolf/

Tesla cut prices across its lineup in the U.S. and major European markets in the carmakers latest effort to stoke demand after several quarters of disappointing deliveries.

Source: https://www.japantimes.co.jp/news/2023/01/14/business/tesla-cars-price-lower-anger/

The electric vehicle maker cut prices for the fourth time in the U.S. this year.

Source: https://federalnewsnetwork.com/business-news/2023/04/netflix-tesla-fall-united-airlines-abbott-rise/