Remix.run Logo
benjiro 15 hours ago

> Here in europe cars have become so expensive compared to just 10y ago.

Check the ownership of the different brands and you will discover from the dozens of brands in Europe, there are really only a few companies making cars. And the "mother company" then shares chassis between models, engines between models. So you can have a a Lada with a Renault engine, with a Dacia chassis. We see 3 brands, but in reality, its one brand.

* Groupe Renault's owned brands include Renault, Dacia, Alpine, and Lada.

But wait ...

* Stellantis was formed from the 2021 merger of two major auto groups: PSA Group (which included Citroën and Peugeot) and FCA (Fiat Chrysler Automobiles). Therefore, the brands Stellantis owns are now a part of Citroën's parent company, which include brands like Peugeot, Fiat, Jeep, Chrysler, Dodge, and Opel.

You see the issue very fast. If you own many brands, do you compete against each other, or do you "stabilize prices for max profit". Same issue with other brands...

Its like in the US, where if you trace back the brands, like 3 or 4 companies, own like 90% of the known US food brands. And when you have only a few companies, gentlemen's agreements about not competition too much are a thing.

Hey, why are HDD not dropping in prices for the last 10+ years. Well, there are only 3 brands left (with two that are huge). Hey, why did SSD/NVME prices suddenly skyrocket. Well, only a few brands make the stuff, and when one decided to increase prices, all of a sudden the rest also followed. Strange is it not...

We are in the age of monopolies again, and that is linked to a lot of the price issues.