Car makers roll out 'first wave' of rises as they face higher costs after pound's slump

All eyes were on the headline-grabbing spat between Unilever and Tesco last week, but the car industry has been quietly adding hundreds of pounds to the list price of new vehicles for British drivers.
Major car makers have been hiking prices in recent months and there are fears further rises could follow. Even British manufacturer Vauxhall has raised its prices. This weekend the company defended the increase to The Mail on Sunday saying it faced higher costs even on vehicles made in the UK.
French group PSA, which makes Peugeot and Citroen cars, was the first to act, raising its prices by 2... read more

15 October 2016 in Business, Views: 58
Source: Daily Mail

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