The prices of commodities has risen faster than anything over the past 12 months, simple materials that go into car making have also risen - rubber, and steel prices have also shot up a lot over the past few months, leaving no choice for many small Chinese car makers but to raise steel prices. Chery, and Great Wall have reportedly raised prices on several models, however, the price rises are very low, often $50 to $500USD on certain models.
In other BYD related news, China Car Times was behind a new BYD F6 today, and we have to say its a pretty nice car!
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