Car prices may rise because of Japan’s earthquake
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Car prices may rise because of Japan's earthquake
Basic economics: When demand is going up, prices will rise.
And because the Japan earthquake could slow shipments of popular cars like Toyota’s Prius, more and more dealers are already taking advantage of expected shortages to raise prices.
While Japanese automakers build most of their bestsellers in the United States, some models are still assembled and shipped from Japan – the Prius, Subaru’s Forester and Impreza …
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