As costs pinch, auto companies hike prices

 After a period of softening, commodity prices are rising again, prompting auto companies to implement minor price hikes. Steel price increases, in particular, are causing concern, with analysts predicting continued hardening of raw material prices in the coming quarters. While the immediate impact on margins is limited, auto bosses are closely monitoring the situation as a potential headwind. After a period of softening, commodity prices are rising again, prompting auto companies to implement minor price hikes. Steel price increases, in particular, are causing concern, with analysts predicting continued hardening of raw material prices in the coming quarters. While the immediate impact on margins is limited, auto bosses are closely monitoring the situation as a potential headwind.