Chrome wheels lose some luster

They are a popular luxury-car option and wonderfully profitable for automakers and suppliers, but chrome-plated aluminum wheels may not be quite the cash cow some suppliers and OEMs think, warns Salomon Brothers auto analyst Jack Kirnan. Chrome-plated wheels "are targeted at high-end passenger cars, the weakest segment of the market," he points out, adding that affordability problems may also curb

March 1, 1996

1 Min Read
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They are a popular luxury-car option and wonderfully profitable for automakers and suppliers, but chrome-plated aluminum wheels may not be quite the cash cow some suppliers and OEMs think, warns Salomon Brothers auto analyst Jack Kirnan. Chrome-plated wheels "are targeted at high-end passenger cars, the weakest segment of the market," he points out, adding that affordability problems may also curb their growth: a set of four can add $2,000 to a car's sticker. Other sources point out that lower-cost alternatives, such as shiny plastic wheel covers that look like chrome, may also deflate sales of the real thing.

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1996
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