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Carmakers

Software and stealth: how carmakers hike spare parts prices

LONDON/PARIS: Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare parts in a manufacturer’s range customers would be content to pay more for, how much to raise prices by and which prices should not be hiked. The…

German carmakers under fire for diesel tests on humans, monkeys

BERLIN: German carmakers came under fire Monday following revelations they helped finance experiments that saw humans and monkeys exposed to toxic diesel fumes that have been linked to asthma, lung diseases and heart attacks. The disclosures sparked widespread outrage, led by Chancellor Angela Merkel who strongly condemned the latest controversy to engulf the nation's powerful but scandal-tainted auto industry "These tests on monkeys or even humans are in no way ethically justified," said Merkel's spokesman Steffen…