Price Increase Announcement Effective May 15, 2021
Dear Valued Customer,
Pursuant to our letter dated March 6, 2021 NAE will be adjusting pricing on May 15, 2021. The volatility in commodity prices, increasing transportation costs and weakness in the US dollar have not subsided and, if this trend continues, we anticipate further increases in the coming months.
The adjustment will be approximately 7% to 12% and will vary by rating. In addition, we have updated pricing where there were pricing discrepancies.
We appreciate your business and will continue to diligently work with our factories to help mitigate the impact the current rising costs.
If you have any questions, please contact your local sales representative at 800.884.0404 or visit our website at www.naemotors.com. Thank you for your continued support.
Thank you for your continued support.