Krone: Price adjustments due to rising steel prices. Krone is forced to increase the prices of its trailers.
Due to the current conditions on the
international raw material and energy market and the negative
impact of the dollar / euro parities, the Krone Commercial Vehicle
Group is forced to increase its prices for the product portfolio by an
average of 3.6 percent on 1 January 2017. This measure is
unavoidable as a reaction to the currently massively rising raw
material prices for steel, aluminum, crude oil and gas. "The
economic environment for the commercial vehicle industry remains
challenging," emphasizes Bernhard Brüggen, CEO of Krone
Commercial Vehicle SE, adding: "In the entire value chain, the
essential cost drivers have been consistently reduced to a minimum.
The overall situation forces us to make these price adjustments."
Depending on the product group and the individual use of materials,
the prices are moderately adjusted in line with market conditions.
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