ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

Volkswagen, Mercedes and Jeep hike Japan prices as costs soar

Weak yen and commodities rally put pressure on domestic players to follow suit

Mercedes-Benz raised the price of its EQC400 electric car by more than $5,000 in Japan.   © Mercedes-Benz Group

TOKYO -- Imported cars are starting to carry bigger price tags for Japanese drivers, as foreign automakers like Volkswagen and Mercedes-Benz Group pass on higher material and transport costs.

The increases by manufacturers including the two German companies as well as France's Renault do not fully reflect developments such as the war in Ukraine and the yen's recent nosedive.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more