general automotive supply
Stiffen Prices Cut General Automotive Supply, Lifting SUV MSRP
Prices are stiffening because rising crude oil costs are inflating raw-material expenses for tier-1 suppliers, which pushes up the manufacturing cost of General Motors’ SUVs and lifts their MSRP. The ripple effect reaches dealers, buyers, and even grocery bills as tax incentives shift. A 12% jump in crude oil prices