So...they CAN sell the cars cheaper. The just didn't want to before because of some "quarterly report"?
But NOW the "quarterly report" says to lower the price.
We need a war on GREED...or quarterly reports.
this post was submitted on 05 May 2026
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I don't disagree, but Kia is already a cut-rate brand. I highly doubt they're going to accept a cut to profits, so this means they'll be cutting quality.
so this means they’ll be cutting quality.
Exactly where do you get the idea that high priced cars are higher quality? Look at real world reliability rankings, there is actually an inverse correlation.
That means more expensive vehicles tend to be less reliable. See Land Rover.
Jeep is selling cars that start at $100,000 and if you think those are quality cars, I have a wide variety of bridges I would like for you to look at and consider for future investments
I doubt this is true anymore but it used to be that BMW made half their profit from the 5 series despite the 3 series dramatically outselling it. The 5 series barely cost more to produce but sold for much more.
It's what BIG corporations do.
Too big to fail just so happens to ALSO be too big to care.
Without competition, the customer is always the loser.
Competition CUTS prices? We MUST ban that!
-Donald Trump and the Republican Party!
Don't worry. That story us about the Eurooean market. I think the US is safe from such probably communist concepts like markets with actual competition.
I'm sure BYD has a stupid backdoor worse than Elon's god mode in Teslas but I would still take one over a KIA