Automotive, Technology, Healthcare Jun 20, 2022 04:25 PM (GMT+8) · EqualOcean
Mazda and Mitsubishi Motors will start raising the price of new cars in Japan this autumn. Mazda will increase the price of its main SUV by about 3%, while Mitsubishi Motor will also increase the price of its main SUV by about 3%. It will pass on the rising raw material prices due to higher resource prices and the depreciation of the yen. It is rare in Japan to raise car prices for reasons other than model improvement that significantly changes the internal and external decoration and engine functions. The competition among enterprises is fierce. The Japanese automobile industry, which had been cautious about price hikes, has also begun to be affected by global inflation.