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ENTERTAINMENT
September 14, 2012 | By Alex Pham
Gamers could become winners in a price war this holiday as console manufacturers slug it out for scarce consumer dollars, according to a report released this week.  With Nintendo due to release its next-generation Wii U game console on Nov. 18 at prices starting at $299.99, rivals Sony and Microsoft are under pressure to make their current-generation consoles more appealing to consumers who don't already have one. One way to do that is to...
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AUTOS
October 25, 2013 | By David Undercoffler
Houston, we have a price war. Audi announced Thursday that its all-new 2015 A3 sedan will start at $30,795 when it goes on sale next spring. That's only a hiccup less than the $30,825 base price of Mercedes' recently launched CLA sedan. Both include destination. These models represent uncharted territory for the two luxury brands in the U.S. The CLA is an all-new model for Mercedes, while the A3 was previously sold in the U.S. as a hatchback. PHOTOS: Audi's 2015 A3 sedan With the Audi A4 and Mercedes C-Class growing in size and price, both brands had a hole in their lineup that was crucial to fill with an entry-level model aimed at younger buyers.
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BUSINESS
March 25, 2010 | By Jerry Hirsch
The auto price war is escalating with American Honda Motor Co. offering its biggest lease deal ever, a move analysts said was designed to offset aggressive sales incentives by rival Toyota Motor Corp. What's unusual about this price war is that it is being fought the hardest by Japanese automakers, which historically have resisted using large incentives to sell vehicles. Toyota fired the first volley when it announced a variety of discount financing and special lease deals this month in a move to regain market share in the U.S. after a series of embarrassing recalls.
AUTOS
June 5, 2013 | Jerry Hirsch and Brian Thevenot
If you've been enticed by the recent spate of cheap lease deals on electric cars, good luck finding one. Southern California dealers are seeing heavy demand for battery-powered cars, now leasing for as little as $199 a month. Fiat dealers have waiting lists for the new 500e even though the car hasn't hit their lots yet. And Honda dealers have already sold out of the Fit EV since a $259 lease was announced Thursday. The reaction revealed pent-up demand for electric vehicles -- as long as the price is right.
AUTOS
October 25, 2013 | By David Undercoffler
Houston, we have a price war. Audi announced Thursday that its all-new 2015 A3 sedan will start at $30,795 when it goes on sale next spring. That's only a hiccup less than the $30,825 base price of Mercedes' recently launched CLA sedan. Both include destination. These models represent uncharted territory for the two luxury brands in the U.S. The CLA is an all-new model for Mercedes, while the A3 was previously sold in the U.S. as a hatchback. PHOTOS: Audi's 2015 A3 sedan With the Audi A4 and Mercedes C-Class growing in size and price, both brands had a hole in their lineup that was crucial to fill with an entry-level model aimed at younger buyers.
BUSINESS
May 18, 1999 | Associated Press
A price war among the three biggest online booksellers broke out Monday when Amazon.com announced 50% off all New York Times best-sellers, and Barnesandnoble.com and Borders.com immediately matched the discount. The deep discounts will mean the companies will make little or no profit on the books, but the offer could stimulate sales of other more lucrative products as customers browse through the Web sites.
BUSINESS
September 2, 2009 | Jerry Hirsch
A price war between Southern California's big supermarket chains is heating up. The region's big grocers, already having trimmed prices for much of the year, are gearing up for a new round as they seek to win back budget-minded customers who have migrated to discounters such as Wal-Mart Stores Inc. and Target Corp. Vons will announce Wednesday that it is lowering the prices of about 5,000 items -- about 15% of the store -- at its 274 stores in the region. Ralphs is also launching what it calls a "significant" reduction in produce prices and other often-purchased goods.
BUSINESS
November 9, 1985 | United Press International
Saudi Arabian Oil Minister Ahmed Zaki Yamani, in an interview published Friday, predicted that a global price war may erupt next year that could cause the cost of crude oil to drop by as much as $10 a barrel. Yamani told the International Herald Tribune that a price war could be averted if producers around the world restrain production before an expected seasonal drop in demand next spring or summer. But he said non-OPEC producers did not seem ready for such cooperation.
BUSINESS
January 27, 1995 | Times Wire Services
Chrysler Corp. raised the stakes in a growing minivan price war Thursday, offering rebates of up to $1,000 on some of its better-equipped 1995 models. The incentives are the first Chrysler has offered on its popular long-wheelbase 1995 Dodge Grand Caravan, Plymouth Grand Voyager and Chrysler Town & Country models. It also increased most rebates on short-wheelbase models, which were previously set at $500. Chrysler's move follows Ford Motor Co.'
BUSINESS
February 18, 1994 | From Reuters
A price war may be brewing in ready-to-drink iced tea, even though it is still winter, with market leader Snapple's stock falling Thursday on talk of price cuts from Lipton, its nearest competitor. Snapple Beverage Corp.'s stock slipped $2.75 to $28 in Nasdaq trading after an analyst voiced concerns about competitive pricing. Iced teas account for about 55% of Snapple's sales.
ENTERTAINMENT
September 14, 2012 | By Alex Pham
Gamers could become winners in a price war this holiday as console manufacturers slug it out for scarce consumer dollars, according to a report released this week.  With Nintendo due to release its next-generation Wii U game console on Nov. 18 at prices starting at $299.99, rivals Sony and Microsoft are under pressure to make their current-generation consoles more appealing to consumers who don't already have one. One way to do that is to...
NEWS
October 6, 2010 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
What if they gave a discounted airfare party and everybody came? That’s pretty much what’s been going on Wednesday as many carriers announced sales with just a few days in which to book. Check airline websites for their current specials and remember to read the fine print for minimum stays, days of the week to travel and blackout dates while planning your autumn or winter getaway. Here are some fares I liked. All of them are quoted excluding taxes and fees: Southwest Airlines [(800)
BUSINESS
June 22, 2010 | By David Sarno, Los Angeles Times
E-reader competitors Amazon.com Inc. and Barnes & Noble Inc. slashed the prices of their digital reading devices Monday, exchanging blows in a price war that is making the devices more affordable. Amazon's Kindle will now retail for $189, down from $259. The Nook's price dropped to $199 from $260. Barnes & Noble also introduced a lower-cost Wi-Fi Nook for $150. Because the device does not work on a 3G cellular network as its more expensive sibling does, users must be near an accessible Wi-Fi connection to download books from the online store.
BUSINESS
April 2, 2010 | By Jerry Hirsch
A price war sparked by Toyota Motor Corp.'s effort to regain sales lost to its recall and reliability woes sent auto sales surging in March. Ford Motor Co., General Motors Co. and Toyota all reported large sales gains Thursday. Automakers sold almost 1.1 million vehicles in March, a gain of more than 24% from the same month last year. Sales for this year's first quarter were almost 16% ahead of last year's. It was the best showing since the federal government's "cash for clunkers" stimulus program sent sales soaring in August.
BUSINESS
March 25, 2010 | By Jerry Hirsch
The auto price war is escalating with American Honda Motor Co. offering its biggest lease deal ever, a move analysts said was designed to offset aggressive sales incentives by rival Toyota Motor Corp. What's unusual about this price war is that it is being fought the hardest by Japanese automakers, which historically have resisted using large incentives to sell vehicles. Toyota fired the first volley when it announced a variety of discount financing and special lease deals this month in a move to regain market share in the U.S. after a series of embarrassing recalls.
OPINION
February 10, 2010 | By Amy Goldman Koss
As a novelist, I am used to having complete control over the world on my computer screen. Life, death, sin, redemption: My characters' lives are in my hands. But last week, I got yet another reminder of my utter powerlessness once the book leaves home. Amazon.com took away my "buy" button. I'm not the only author I know who obsessively checks her Amazon rankings. It's not that I have any real idea what they mean: how they translate into how many books have sold or what kind of royalties I can expect.
BUSINESS
June 13, 2007 | From Bloomberg News
Intel Corp., the world's largest chip maker, plans to slash the price of some processors over the next three months to regain market share from Advanced Micro Devices Inc. The company will cut prices of its Core 2 Quad processor 50% on July 22, according to an Intel document given to clients. The chips, introduced in November to run servers and the most expensive personal computers, sell for $530 each, according to Santa Clara, Calif.-based Intel's website.
BUSINESS
October 31, 2008 | Lisa Girion and Andrea Chang, Girion and Chang are Times staff writers.
One of the nation's largest drugstore chains ratcheted up a price war Thursday, offering deep discounts on generic prescriptions amid national concern about the spiraling cost of healthcare. Drugstore giant CVS Caremark Corp. announced it would sell 90-day supplies of more than 400 medications for $9.99 and offer discounts for cash-paying patients at its in-store medical clinics. The price war was unleashed by Wal-Mart Stores Inc., the country's largest retailer, a few years ago.
BUSINESS
December 9, 2009 | By Jerry Hirsch
The owner of Ralphs Grocery Co. is paying the price for helping to launch Southern California's supermarket price wars. Kroger Co., the largest U.S. grocer, said Tuesday that it would take a $1.05-billion write-down in the value of Ralphs as the division contends with cautious consumers, rampant unemployment in the chain's core market and the slumping value of the real estate where its stores are located. The company's problems, including an $875-million quarterly loss, doesn't bode well for its Christmas season.
BUSINESS
November 7, 2009 | Andrea Chang
With another tough holiday season looming, Wal-Mart Stores Inc. is ratcheting up a price war that could be good for shoppers but has competitors fearing the worst. The world's largest retailer has for years snatched sales from department stores, discounters, supermarkets, electronics sellers and mom-and-pop shops. Its intensive markdowns helped drive chains such as Circuit City and Mervyns out of business over the last year. Now Wal-Mart is using its enormous clout to wrest the advantage during what is expected to be another weak Christmas season.
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