Report: Ford bumping prices on 2011 model vehicles
Ford analyst George Pipas tells AW that the price adjustment had been planned, adding "If you read the headlines, prices for food, energy, airline tickets are going up across the board." We're reading, George, and we've noticed.
Ford hasn't detailed which vehicles will receive price increases, though we're thinking not all models will be affected by the bump. Several automakers have intimated that rising commodity costs would eat into profits this year
[Source: Automotive News – sub. req.]
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