Seeking Alpha

Auto prices rise in the U.S. during March

  • Honda (HMC) was the major automaker that increased prices the most in the U.S. during March, according to data compiled by Kelley Blue Book.
  • The industry as a whole increased prices by 1.4%, according to the research firm. The gain could alleviate some concern that the industry was pushing too hard on the incentives lever.
  • March auto sales reports by manufacturer are due out today.
  • Transaction price changes (Y/Y): Chrysler (FIATY) +3.1%, Ford (F) +1.7%, General Motors (GM) +1.8%, Hyundai (HYMLF) +2.2%, Nissan (NSANY) -3.1%, Toyota (TM) +2.3%, Volkswagen (VLKAY) +2.6%.
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