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Full Speed Ahead Price Hike

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Milan, Italy (June 4) – FSA has announced price hikes of 5 to 15% as of June 1st. This concerns the wholesale and aftermarket prices for International distributors and embraces the FSA and Vison Tech brands. Reasons are the higher costs of raw materials and transportation due to the steep oil prices. Again the voracious […]

Milan, Italy (June 4) – FSA has announced price hikes of 5 to 15% as of June 1st. This concerns the wholesale and aftermarket prices for International distributors and embraces the FSA and Vison Tech brands. Reasons are the higher costs of raw materials and transportation due to the steep oil prices. Again the voracious appetite of the Chinese economy is quoted as the main reason. FSA claims to have waited as long as possible to increase their prices, hoping for better prices on the world markets. As this turns out to have been in vain, they had no other option than to pass on their risen costs. Some other part-makers are as yet not contemplating more prices hikes – but are keeping the option open, and have reduced binding price-deals to 4 months to cater for eventualities…(MH)

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