Hyundai Faces Price And Strike Woes

South Korean carmaker Hyundai has been forced to raise the prices of both its domestic and export models, in an attempt to recoup rising raw material costs. The company has revealed that it will increase the price of its domestic models by an average of 1.9%, and its export models will be an average of 2.0% more expensive. All hikes will take effect from August 2008.

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