Fiat continuing to monitor raw material costs, ready to hike list ...

01/07/2008 23:53. MILAN (Thomson Financial) - Fiat SpA said it continues to monitor raw material prices and will align list prices in all its product sectors to their industrial costs in order to maintain margin targets.

Last week, Fiat (nyse: FIA - news - people ) unit CNH Global NV (nyse: CNH - news - people ) hiked prices by 5 percent, yesterday truck unit Iveco hiked some prices 2.5 percent, while Tuesday, Fiat said auto prices were raised 1.5 percent at start June.

'The group has adopted a pricing policy that allows to keep unaltered the margins fixed in the business plan for single models, taking account of different commercial strategies in individual countries,' it said.

'This attention (on list prices) will continue constantly also in the future, in order to allow all sectors of the Fiat... // Forbes