Volkswagen, Mercedes and Jeep hike Japan prices as costs soar

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

20220404N Mercedes EQC400

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

SAKI SHIRAI and KAZUTO SHIMADA, Nikkei staff writers

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.

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