Wednesday, March 30, 2011

Stereo set to increase further - car price AutoGuide.com

2011 strives to be an expensive year for many consumers, at least on the front of the car. The same car stereo prices, which increased already since the beginning of the year, are defined to override.The increase was attributed in part on the questions of supply to the Japan, resulting from the earthquake and Tsunami, as well as the increase in the cost of land rare metals such as copper and aluminum, used in the manufacture of components for stereo systems.


In addition, currency fluctuations also have an impact; the Japanese Yen for example is down considerably as the Chinese Yuan. A Japanese based provider said "If the Yen holds at 79 (compared to 90)" you can expect price increases more.""Some car-stereo makers were in response to the increase, by increasing retail prices, including the Rockford Fosgate and JL Audio. Even those who are currently stable, likely to increase their prices by the last quarter of this year or 2012 at the beginning, particularly as 10%.


[Source: EC Outlook]


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