TOKYO - Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models-the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But Tokyo-based Nissan... // Prince George Citizen

Bloomberg reported that Nissan Motor Co will raise domestic prices of some light commercial vehicles in October 2008 to pass on higher costs for steel and other raw materials.

Nissan Motor said in a statement that the average price increase will be 2.2%. The price of the Atlas F24 truck will rise by 2.9% to JPY 2.52 million and the AD/AD Expert van will cost JPY 1.33 million more than the current price. // SteelGuru

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But Tokyo-based Nissan lacks comparable hybrid offerings in Japan.

Raising prices these days is also widely seen as risky partly because the Japanese market has been sluggish.

Nissan, which makes the March subcompact and Z sports car, said price hikes for passenger cars were still under consideration, but the company was still closely watching its rivals and consumer needs before it makes a decision.

Nissan will raise prices on several of its light commercial vehicles in Japan an average of 2.2 percent, effective Oct. 1, including Atlas H43 and Caravan, it said in a statement.

Toyota's new prices showed an... // DetNews.com

TOKYO -- Hit by soaring steel and other material costs, Nissan announced
price hikes in Japan Friday for some commercial vehicle models but
held back from increases on its more crucial passenger car
offerings. Nissan Motor Co., Japan's third-biggest automaker, had been
considering raising domestic prices for some time because of the
soaring costs of steel and other raw materials that have battered
all the world's automakers. Earlier this... // WDIV

By: YURI KAGEYAMA, THE ASSOCIATED PRESS

TOKYO - Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models-the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market... // CKFR

Tokyo, Aug 29, 2008 (Jiji Press) - Nissan Motor Co. 7201 said Friday that it will raise the domestic prices of several commercial vehicle models on Oct. 1 amid higher material procurement costs.

The markup will average 2.2 pct for the standard versions of the models.

Nissan will thus raise its commercial vehicle prices for the first time since February 1992.

The company opted to raise only the prices of commercial vehicles after industry leader Toyota... // Japan Corporate News

TOKYO Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models-the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But Tokyo-based Nissan... // The Canadian Press

WWJ (Enlarge photo)

Tokyo (AP)  -- Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models- the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But... // WWJ

Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co. , Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota , the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models-- the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But Tokyo-based Nissan... // Boston Globe

TOKYO (AP) - Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models - the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But... // Malaysia Star

TOKYO (AP) - Hit by soaring steel and other material costs, Nissan has announced price increases in Japan for some commercial vehicle models.

But the automaker is holding back from increases on its more crucial passenger car offerings.

Nissan Motor Co. is Japan's third-biggest automaker. It's been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's... // WLNS

TOKYO : Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.

Earlier this week, Toyota, the country's biggest auto company, raised prices in Japan for its Prius and Harrier gas-electric hybrids, as well as some commercial models_ the first hike here without a model makeover in three decades.

Chief Executive Carlos Ghosn had said he hoped to take a cue on price hikes from market leader Toyota Motor Corp. But... // International Herald Tribune

AFP (Enlarge photo)

TOKYO (AFP) Nissan Motor Co. on Friday become the latest automaker to announce price hikes for some of its vehicles in response to skyrocketing steel costs.

Japan's number three automaker said it will raise the price of several light commercial vehicles in Japan by an average of 2.2 percent from October 1.

"The pricing action has been taken as a consequence of rising costs of raw materials, particularly the impact of rising steel costs," it said in a statement.

The move came just days after Toyota Motor said it would raise the prices of its popular Prius hybrid and some commercial... // AFP