Big price cuts at Canyon.

Still not got that Mason then?

I was thinking 3-4% is not what I would call BIG cuts. 

Rich_cb wrote:

Add in inflation and it's a nearly 15% drop in real terms.

But consider that, as mentioned elsewhere, other brands hiked their prices significantly in the last 2 or 3 years and now have warehouses full of stock you could argue that it may be resetting prices nearer to what they should be.

I'd hold off buying if you want to save a few quid but I'm not convinced you'll necessarily snag a massive bargain. I expect that the scale of the reductions will vary between brands and depend partly on the residual stock levels and how desperate the company is to shift them. Looking at the prices in that article, Canyon seem to be holding their nerve but perhaps they don't have lots of unsold stock and big loans.

TBH we don't know whether the big brands and their suppliers were forced into pushing up prices due to their own costs or simply taking advantage of a period when demand outstripped supply (or a combination of both things). But there was concern expressed back in early 2021 about investing too much in extra production only to find demand slumped... and lo that is exactly what has happened. The pandemic is over, petrol prices have stabilised and the clamour for new bikes seems to have diminished.

Yet weirdly when the same argument is used that the nurses and public sector have had massive pay cuts during the years of austerity, it doesn't seem to sway the Government much and strikers are just mooching for money not deserved.