Crain’s Detroit Business confirmed this week the trend I recently mentioned here — that automotive companies are back to singing a one-note song, and the only lyric is “price, price, price.”
Crain’s called it the price vice in its coverage. That’s particularly apt, because it is a squeeze between costs and price. I like the term because “vice” also means a forbidden activity, and that’s exactly what a fixation only on price ought to be.
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