korrents

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Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it.

Drawn from what Adam Tooze said

SubjectsinflationEuropeprice gouging
What this subject means

price gouging Whether a price should be allowed to spike in a shortage, and what happens to supply when it is not.

What Adam Tooze actually said

  1. Adam Tooze Economic historian, Kathryn and Shelby Cullom Davis…
    To put this same story another way, the European car industry in the early 2020s was a prime example of greedflation i.e. companies taking advantage of the COVID shock and other disruptions and to hike profits at the expense of consumers.

    Where this was said

    ↗Chartbook 460 Greedflation meets China shock: Can Europe's car industry be saved without making the cost of living crisis worse?adamtooze.substack.com

    22 Jul 2026

    All 4 korrents from this piecethis one is 3rd

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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