What is a well known 'public secret' in the industry you work in that the majority of outsiders are unaware of?
What is a well known 'public secret' in the industry you work in that the majority of outsiders are unaware of?
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In Germany: Big car manufacturers do have round-table sessions where they share research informations with each other. However, they do not co-ordinate pricing.
When you feel like car manufacturers release models with similar specs within a short time frame, this could be why.
Another common one that I hear is, "Why do all cars look the same?" The truth of it comes down to two general factors, safety and improving aerodynamics to improve fuel economy.
Well I mean how else are they gonna fix those prices?
Here's another "insider's insight": The car industry is a tough business. The profit margin is not like selling bottled water, especially when you consider overheads in R&D and the regulation compliant measures they have to adhere to, to sell in the German/EU market. Cars sold in the US are cheaper to produce because they go through much, much less vigorous testing, but then they are loaded with stupid add-ons (screens behind each seat, more luxurious user interface, better speaker+subwoofer combos, etc)