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Automobiles

Volkswagen hikes prices in Japan by up to $1,000

Inflation and material costs drive trend by Mercedes and other foreign carmakers

A production line for the Golf at a Volkswagen plant in Germany. The German automaker plans substantial price hikes in Japan during October.   © Reuters

TOKYO -- Volkswagen joins the list of foreign automakers that are raising prices on vehicles they export to Japan, Nikkei has learned, making a move that domestic players have been hesitant to do amid sluggish consumer spending.

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