Automotive Industry
Auto Industry Gears Up for 2026 Price Hikes Amidst Commodity Volatility and Trade Tensions
The global automotive industry is bracing for a significant surge in passenger vehicle (PV) prices in 2026, a development poised to reshape consumer purchasing habits and redefine manufacturers' strategic priorities. This anticipated increase is not an isolated event but rather the culmination of persistent inflationary pressures on key commodities,