Ford, Honda, and Suzuki will increase their UK prices after Brexit. The price rise is a direct result of the pound slipping in value against the Euro and US Dollar.
PSA announced in August that it would be increasing the price of Peugeot, Citroen and DS cars by 2%. It was followed by Vauxhall, which increased prices by 2.5% earlier this month.
Ford prices will increase by 1.5%, Suzuki by 2% and Honda by 0.9%.
Brexit has already cost General Motors Europe £346 million already. Tina Müller, Opel’s chief marketing officer said, "It will be the trend across the industry. I think we are leading here but we know that everybody else will follow.”
Other manufacturers will soon follow these car makers and increase prices of their cars.