• Apr 5th 2011 at 4:41PM
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When a barrel of oil soars past $100, it affects all of us in more ways than just the gas pump. That counts for auto production as well, as Toyota's recent price increase clearly shows. And Toyota isn't alone, as Automotive News reports that Ford has raised prices on its vehicles by an average of .4 percent across its lineup. That adds up to about $117, which won't break the bank, but at the same won't make any of consumers' weary wallets any happier, either.

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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    • 1 Second Ago
      • 4 Years Ago
      I paid 25K for a truck and today 4 years later its 36K same everything as my '07 but 11K more for '11 is this a thanks for the bail out, we paid it back and they never lowered the prices noe there gouging, I going KIA newt year with 10 year warranty!!!
      • 4 Years Ago
      Bump away!!! we can't afford the prices now! What makes you think we can after you raise them? Take away some of your overpaid excetives pay and leave the car prices alone!
      • 4 Years Ago
      What isn't going up under Obama? Nothing! Gas, food, insurance are out of sight and the fault of Obama! Lost home equity is the fault of Obama. Obama has not one success and failure should replace Hussein as Obama's middle name!
      • 4 Years Ago
      Interesting how the tone of the comment (so far) are completely different in this thread than for the one on Toyota's price increase ...
        • 4 Years Ago
        Because the bulk of the Autoblog posters are Toyota haters that have zero understanding of the auto industry..... Heck some have had to change their handle because everyone knows they are Toyota hating liars.
        • 4 Years Ago
        att : DJ - Couldn't possibly have said it better myself ... well stated !!

        Historically, Toyota has been critisied for doing something then when others follow-suit the mood often changes somewhat. Greatest example of all ... for many years Toyota was bagged for investing into hybrid technology but today most other car makers are following suit and has now (supposedly) become the "IN-THING".

        The greatest example of arrogance of all - GM heavily critised Toyota for many years for investing into hybrid cars but now GM promotes it's own advancement in the very same technology it spent many years bagging ... what a bunch of idiotic clowns !!

        As for price rises - i reserve no hesitation suggesting that over the coming weeks and months other car makers will follow suit and lift prices - it is enivitable.

      • 4 Years Ago
      AUTOMOBILE PRICES ARE OVER INFLATED TO BEGIN WITH.... Everything is plastic except for the engine and the flimsy sheet metal they use on the exteriors for the most part... But still they cost more than ever....
      Steven R. Russell
      • 4 Years Ago
      Bumping prices? So, what's the big deal? Is God dead?

      My "wallet" isn't "weary."

      Isaiah 40:31 tells us; "They that wait upon the Lord, shall renew their strength. They shall mount up with wings as eagles. They shall walk and not be weary, and they shall run and not faint."

      The Bible also tells us that one of the signs that we are living in the last days, is that people will be ungrateful.
        • 4 Years Ago
        @Steven R. Russell
        no suprise on the prices going up, what isn't these days..i don't buy new b/c oF the cost these days... Steve- I have seen some o F your posts- what is the angle or what is the point?? One oF which was-" i am a Christian and wouldn't touch Chrysler".. I am a Follower oF Christ...i happen to enjoy a little Mopar now and then, why is that bad in you eyes?? seriously?? btw i love Ford as well-
      • 4 Years Ago
      .4% is not bad. Ranging from just $53 for the Fiesta, $65 on the Focus and $112 on the Explorer. Toyota's price hikes of 1.2 to 2.1$ range from $200 on the Yaris, to $900 on the Land Cruiser and Sequoia.
      • 4 Years Ago
      it would seem to me that the vehicles that consume more gas would drop in prices!
      • 4 Years Ago
      Oh yea, as if they dont raise prices every year anyway.. Town Car in 2003 was 40 thousand,, 2011 it is now 52 thousand ??? same car absolutely nothing different..
      Several years back they announced they were droping the 30 thousand dollar T Bird
      2 seater.. It never was 30 thousand in my area.. only saw 40 thousand and over.. Smartest thing they did was bring back the Mustang and offer it as a reasonable price
      and look how they sold.. Come on Ford lets learn something....
      • 4 Years Ago
      THE gas is our goverments fault and opec.THEY should never had a contract with opec and they should release some of the gas they have on hand.But they have their hand in the oil co's pocket and they don't care about the American people.We need a third party.
      • 4 Years Ago
      Oh well, big deal.
      • 4 Years Ago
      Just a reminder, Oil is everything, from your fuels and lubricants, to fertilizers, paving materials, plastics, synthetic fabrics and not to mention rubber. As oil costs go so does everything else. .4% increase is a drop in the bucket.
      Also, the words Enzo and Honda should never be allowed to be that close together.
      On an aside, dipping into the strategic oil reserve is not the answer.
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