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Yoshinoya is not considering further price cuts.
This week, for instance, Asda, Sainsbury's and Tesco announced further price cuts.
"Market share is going up again, so I don't expect any further price cuts".
It thus avoided further price cuts—and in nine months, fewer than 50 vehicles were returned.
By providing this safety net, Hyundai was able to prosper without making further price cuts.
When retailers starting make orders for this year's holiday, manufacturers had little choice but to agree to further price cuts.
Similar(35)
Protesters have been clearing supermarket shelves of milk and dumping it at checkouts or buying it and giving it away, and have even taken cattle into stores after Arla, the UK's biggest milk co-operative, announced a further price cut to dairy farmers of 0.8p per litre of milk.
Looking further ahead, price cuts particularly in the grocery sector, will benefit consumers in future months, although this will impact upon margins for both retailers and their suppliers.
So with Tim Cook talking up further global price cuts, the combination could still move the needle.
All four big UK supermarkets have announced further fuel price cuts, bringing petrol ever closer to £1 a litre.
Brian Madderson, chairman of the Retail Motor Industry Federation's petrol division, said: "Suggestions that the falling price of oil and wholesale price movements on the continent should dictate further pump price cuts across the UK by independent forecourt operators is damaging to this struggling sector and shows lack of any real understanding of fuel price mechanisms".
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