chevy traverse storage BEHIND info screen
Yeah--exactly. People will sue for pretty much anything. Like when you sue because your iPod gets scratched. It's all on contingency.
http://www.trustedreviews.com/news/a...tomers-2742185[B]
http://www.trustedreviews.com/news/a...tomers-2742185[B]
What is your point? It cost $4.5 million to do this against Apple. My point still stands, most individuals do not have the resources to do this.
When lots of people complain that their iPod is scratched, class action firms find an individual to represent the class. That individual, of course, would never sue for scratches on a $200 iPod. But when the class becomes 1000s or 100,000s of people, all with minor damage, then the damages against Apple become large. The named plaintiff pays $0 to sue. The law firm negotiates a multi million dollar verdict for the entire class; the firm -- which fronted all of the litigation costs for all those years -- gets 33% of that settlement; and each class member gets a check for $25, and the named plaintiffs get some extra.
No plaintiff needs any resources whatsoever to initiate or carry out a suit like that.
You don't understand how class actions work.
When lots of people complain that their iPod is scratched, class action firms find an individual to represent the class. That individual, of course, would never sue for scratches on a $200 iPod. But when the class becomes 1000s or 100,000s of people, all with minor damage, then the damages against Apple become large. The named plaintiff pays $0 to sue. The law firm negotiates a multi million dollar verdict for the entire class; the firm -- which fronted all of the litigation costs for all those years -- gets 33% of that settlement; and each class member gets a check for $25, and the named plaintiffs get some extra.
No plaintiff needs any resources whatsoever to initiate or carry out a suit like that.
When lots of people complain that their iPod is scratched, class action firms find an individual to represent the class. That individual, of course, would never sue for scratches on a $200 iPod. But when the class becomes 1000s or 100,000s of people, all with minor damage, then the damages against Apple become large. The named plaintiff pays $0 to sue. The law firm negotiates a multi million dollar verdict for the entire class; the firm -- which fronted all of the litigation costs for all those years -- gets 33% of that settlement; and each class member gets a check for $25, and the named plaintiffs get some extra.
No plaintiff needs any resources whatsoever to initiate or carry out a suit like that.
Nobody mentioned class action. They mentioned lawsuit. Then one member mentioned class action. Totally different.
I think after you said this, a couple members were just pointing out that there is a way for most people to sue large corporations.
Show me where a single person sued a huge corporation, you better have some serious just cause to make to make a lawsuit happen. Usually you need lots of people and lots of money to even go through with it. There is a term that is used (can’t remember the name) where the corporation basically forces the individual into deciding whether it is worth it because they just tie it up in court.
Besides the fact that the original issue mentioned above which would potentially result in litigation would naturally end up--for that exact reason.https://law.justia.com/cases/federal...6/330/1687773/
Last edited by tex2670; Dec 28, 2017 at 05:08 PM.
When lots of people complain that their iPod is scratched, class action firms find an individual to represent the class. That individual, of course, would never sue for scratches on a $200 iPod. But when the class becomes 1000s or 100,000s of people, all with minor damage, then the damages against Apple become large. The named plaintiff pays $0 to sue. The law firm negotiates a multi million dollar verdict for the entire class; the firm -- which fronted all of the litigation costs for all those years -- gets 33% of that settlement; and each class member gets a check for $25, and the named plaintiffs get some extra.
Not to get too far off-topic, but that is also a major reason why health care in the U.S. costs an arm and a leg (no pun intended).....all the settlements from frivolous and trivial malpractice suits.
Last edited by mmarshall; Dec 28, 2017 at 05:22 PM.
I'm pretty sure someone mentioned class action.
Besides the fact that the original issue mentioned above which would potentially result in litigation would naturally end up--for that exact reason.
https://law.justia.com/cases/federal...6/330/1687773/
Besides the fact that the original issue mentioned above which would potentially result in litigation would naturally end up--for that exact reason.https://law.justia.com/cases/federal...6/330/1687773/
Someone said lawsuit, I responded to lawsuit. Most people can't sue a corporation alone. It's too expensive. I am sure there are some who have. But a class action is different, I have no doubt there are class action lawsuits. A corporation cannot avoid a class action. You have to get to status to become class action.
Someone said lawsuit, I responded to lawsuit. Most people can't sue a corporation alone. It's too expensive. I am sure there are some who have. But a class action is different, I have no doubt there are class action lawsuits. A corporation cannot avoid a class action. You have to get to status to become class action.
Toyota, of course, has not avoided class-actions suits, either. Witness the 3.0L V6 sludge/gel issue, the so-called runaway-acceleration problem wth the accelerator pedals, and the Toyota truck frame-rust issue. I bring up the truck-frame issue because you have complained about the C-channel frames.
We should maybe not try to change the topic to Toyota. This new Traverse is not worth $53K for high county trim. Way too much.
GM can't help themselves with this strategy across all brands. Overprice to make it seem like it competes with higher priced brands, then heavily discount and offer rebates. It seems like they never get it--but when JC Penney tried to eliminate coupons and discounts, and just use an every day low price, their sales tanked. So maybe there's method in GM's madness.
GM can't help themselves with this strategy across all brands. Overprice to make it seem like it competes with higher priced brands, then heavily discount and offer rebates. It seems like they never get it--but when JC Penney tried to eliminate coupons and discounts, and just use an every day low price, their sales tanked. So maybe there's method in GM's madness.
I agree. Once you start discounting something, it’s very hard to go back to back to asking for full price or not heavily discounted. GM is the leader in huge discounts.
GM can't help themselves with this strategy across all brands. Overprice to make it seem like it competes with higher priced brands, then heavily discount and offer rebates. It seems like they never get it--but when JC Penney tried to eliminate coupons and discounts, and just use an every day low price, their sales tanked.
So maybe there's method in GM's madness.
Merely relying on prior loyal customers, rather than trying to bring in new customers to the brand, is not a good strategy. Ok--it works for the F-150, but an automaker can't put all its eggs in one basket. Isn't that why GM had to shed half its brands? No clear method of expanding its customer base? Plenty of Saab and Oldsmobile customers were loyal--look where that got them.
Last edited by tex2670; Dec 29, 2017 at 03:45 PM.
Merely relying on prior loyal customers, rather than trying to bring in new customers to the brand, is not a good strategy. Ok--it works for the F-150, but an automaker can't put all its eggs in one basket. Isn't that why GM had to shed half its brands? No clear method of expanding its customer base? Plenty of Saab and Oldsmobile customers were loyal--look where that got them.
Anyhow, back to the new Traverse (don't want to get too far off-topic), I might take a test-drive next month and see how it compares to the Enclave...it shares the same 3.6L and 9-speed drivetrain. Car and Driver was very impressed with the High Country version....and, at 53K, it's basically Chevy's vision of the Avenir.
Wal-mart, though never uses sales-coupons and discounts.....they simply sell everything at a low price to start with. And they are arguably the most successful retail chain in the country.
Many of GM's customers, especially with Buick, Cadillac, and the Silverado pickup are loyal, and have been so for many years. They will gravitate to those products no matter what the sales policy is. Same, to an extent, with Lincolns and the Ford F-150.
Many of GM's customers, especially with Buick, Cadillac, and the Silverado pickup are loyal, and have been so for many years. They will gravitate to those products no matter what the sales policy is. Same, to an extent, with Lincolns and the Ford F-150.
Walmart does use pricing strategies. They used Rollback, and this was the price and now it’s this piece. They also use Multi Save as well. Never seen them use 10 or 15% off or anything like that. They also Ad Mafch as well. Once a company starts discounting, it very difficult to ever charge the asking price or close to it going forward.Corrected. Walmart does do % off as well.










