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Car makers like Jaguar Land Rover and Peugeot have been accused of using special software to raise spare parts prices.
Source: https://www.engadget.com/2018/06/04/car-makers-used-software-to-raise-spare-parts-prices/
Ever had the nagging suspicion that your car's manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare parts based on "perceived value." If a brand badge or other component looked expensive, Partneo would suggest raising the price up to a level that drivers would still be willing to pay. It would even distinguish parts based on whether or not there was "pricing supervision" over certain parts (say, from insurance companies or focused publications) to avoid sparking an outcry.
(Score: 2) by JoeMerchant on Wednesday June 06 2018, @02:42AM
The must portion is the lie, but in reality most of them do end up in an extreme search for ever greater profits and growth, and when all the morally upright options have been exhausted, they're usually more willing to engage in a little exploitation instead of "disappointing the street." Because: the top end of management is highly incentivized with stock options and other mechanisms that make them highly sensitive to the opinions of the major investors, and those major investors are the ones who are only interested in maximal profits.
There are plenty of people who are interested in the good deeds of a corporation, but when those good people turn their retirement accounts over to money managers to maximize returns, they are no longer exercising human value judgements, they're just chasing maximum returns.
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