Soaring aluminum, plastics prices push up costs for auto parts makers
Automobiles
Supply chain disruptions from Iran war could reach vehicle prices later
The wholesale price of aluminum bullion in Japan is up more than 20% since the end of February. (Photo obtained by Nikkei)
SHUGO YAMADA, SAKURAKO YOSHIOKA and AKINOBU MASUBUCHI
TOKYO — The prolonged conflict in the Middle East is boosting prices of materials used in automobiles like aluminum and plastics, with concerns growing that the trend will trickle downstream and eventually raise vehicle prices as well.
