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Old 05-08-2008, 02:04 PM   #1 (permalink)
RAILROADN
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Join Date: Feb 2008
Member Number: 17841
Location: Fort Mill, SC
Posts: 7
Toyota planning to increase FJ prices

Bloomberg.com: Japan

Quote:
Toyota plans to raise prices for models including the FJ Cruiser sport-utility vehicle, Yaris compact and Prius hybrid by as much as 2.1 percent in North America later this month to help offset rising materials costs.

Nippon Steel Corp. and JFE Holdings Inc., Japan's two biggest steelmakers, raised wholesale sheet steel prices 25 percent last month to cover an unexpected tripling in annual coking coal prices. They are seeking a further 10 percent increase as early as June, traders familiar with price talks said on April 22.
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