GM executive: U.S. auto prices could rise

March 2008
South Texas Automotive Report;Mar2008, Vol. 10 Issue 6, p17
Trade Publication
The article reports on the observation made by General Motors Corporation's (GM) chief financial officer Fritz Henderson that rising raw material and regulatory cost could cause an increase in U.S. automobile prices. Henderson notes that the industry is experiencing less manufacturing capacity and less pressure to sell vehicles at low cost to move inventory. In line with this, he says, investment in new technology will pressure companies to raise its prices.


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