26/06/2008 08:38. June 25 (Bloomberg) -- Mitsubishi Fuso Truck & Bus Corp. and Hino Motors Ltd. will increase the prices of truck models 3 percent to 5 percent because of the rising cost of raw materials, Nikkei English News reported, without citing anyone.

This is the first time the cost of trucks will rise in Japan without an update in models or changes to specifications, Nikkei said. The prices of materials such as steel and synthetic resins are soaring, and Hino expects profit will decline by 16 billion yen... // Bloomberg