AICarScoopsabout 2 hours ago
GM Expects Car Prices To Rise This Year
3 min read
GM CFO Paul Jacobson told Nikkei Asia that material input costs will rise by $1.5 billion to $2 billion this year, partly due to AI-driven DRAM chip prices that have increased sixfold. GM now expects average new vehicle prices to rise 0.3 percent instead of holding flat. BYD raised driver-assistance system prices by 20 percent.
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