European manufacturers still ignoring C$ strength
As the Canadian dollar nuzzles up against parity with the U.S. version, once again, it seemed like high time that we checked in on the “efforts” that European automobile firms have made to bring some fair pricing to the car industry.
Three years ago, manufacturers claimed that it was the suddeness of the C$’s rally that made up for the lion’s share of the difference between a car bought in Seattle and the same version acquired up the road in Vancouver. A couple of years have passed, and not much has changed as the following random survey shows:
Audi A5
USA: $36,000
Canada: $44,100 (22.5% premium)
Audi R8
USA: $114,200
Canada: $141,000 (23.5%)
Mercedes E350
USA: $48,600
Canada: $62,900 (29.4%)
Porsche 911 Turbo
USA: $132,800
Canada: $165,300 (24.5%)
Range Rover HSE
USA: $79,275
Canada: $93,830 (18.4%)
Shame!
MRM
And the list goes on…
Volvo XC-90, Canada $52K vs. $US 37.7K ( 37% !!)
Espresso machine: $US 300, $Cdn 400.
Let’s hope Apple doesn’t stiff us with the iPad pricing. They could set a precedent and price it at PAR. That would be amazing if they did, and a strong signal.