Tag: cutting
Sainsbury’s follows Tesco in cutting milk prices
Warning: KYOCY is at high risk of cutting its dividend
Warning: CWH is at high risk of cutting its dividend
Tesla’s strategy to fuel EV sales? Keep cutting prices
Tesla may be a relative newcomer compared to legacy companies like GM and Ford, but it has adopted an age-old tactic in the industry: price wars. The automaker has lowered the sticker price on its vehicles in the U.S. and China numerous times since last fall. And any speculation that the cuts would stop in […]
Tesla’s strategy to fuel EV sales? Keep cutting prices by Kirsten Korosec originally published on TechCrunch
Greedy retailers urged not to raise fuel price again amid oil giants cutting output
GREEDY retailers have been urged to resist raising the price of fuel again despite pressure from oil producers cutting output.
Drivers were warned of a jump of up to 5p a litre after Saudi Arabia, Iraq and others decided to slash supplies to drive up wholesale costs.
Campaigners have argued that supermarkets are already raking it in[/caption]
Supermarkets and filling stations were told not to use Opec’s move to cut one million barrels a day as a smokescreen to raise pump prices.
Campaigners said they were already raking it in by not passing on fuel price falls.
Petrol is 20p cheaper than in November, saving £11 for a basic 55-litre family car. Diesel has fallen 27.5p, saving £15 a tank.
Yet diesel, despite being 3.5p cheaper wholesale, is still 16p costlier than petrol at the pump.
The RAC’s Simon Williams said: “Despite the oil price increasing by $5 in a day to $85 on the back of news of a production cut, there’s no justification for major retailers to raise pump prices.
“We should be seeing diesel advertised at around 150p rather than the current 162.5p mark.”
The AA’s Luke Bosdet said: “If the fuel retailers think the oil price hike provides a smokescreen to hide what they’re doing with diesel pump prices, they’re seriously mistaken.
“The road fuel trade needs to stop fleecing drivers and small businesses that buy diesel at pump prices.”
Howard Cox, of campaigners FairFuelUK, said the world was being held to ransom by Opec.
He said: “With unchecked pump pricing still reigning supreme and Opec’s decision, drivers can expect prices to rise again.
“The Government must introduce PumpWatch to track prices.”
GM is cutting off access to Apple CarPlay and Android Auto for its future EVs
General Motors’ electric future doesn’t include Apple CarPlay or Android Auto.
The automaker’s upcoming lineup of electric vehicles won’t support the popular smartphone projection systems in favor of a native Google infotainment system. The move, first reported by Reuters, means that owners won’t be able to project their phone’s screen on their vehicle’s dashboard infotainment display.
The decision is intended to provide “seamless access” to the new Google-powered infotainment experience, including native versions of Google Maps, Google Assistant, Audible, Spotify, and more, GM says in a fact sheet explaining the new strategy.
EA Is Cutting About 800 Jobs, or 6% of Workforce, and Reducing Office Space
Read more of this story at Slashdot.
Need cutting blades for your workshop? Forget metal and go ceramic
Meta are cutting the price of the Quest 2 and Quest Pro
Meta are lowering the price of their VR headsets. From tomorrow, you’ll be able to pick up the Meta Quest 2 256GB for $430, down from $500, and the recently launched Meta Quest Pro for $1000, down from $1500.