With Sterling continuing to fall against the euro, surely prices are going to have to increase eventually for German cars (as well as everything else imported)?
I know some Swiss watch manufacturers have already bumped prices up about 10% in the UK since Brexit.
I assume the car manufacturers will hedge currencies to avoid short term volatility, but this can only last so long.
Thoughts?
I know some Swiss watch manufacturers have already bumped prices up about 10% in the UK since Brexit.
I assume the car manufacturers will hedge currencies to avoid short term volatility, but this can only last so long.
Thoughts?