Soaring aluminum, plastics prices push up costs for auto parts makers

Supply chain disruptions from Iran war could reach vehicle prices later

20260505N Aluminum rolls

The wholesale price of aluminum bullion in Japan is up more than 20% since the end of February. (Photo obtained by Nikkei)

SHUGO YAMADA, SAKURAKO YOSHIOKA and AKINOBU MASUBUCHI
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TOKYO -- The prolonged conflict in the Middle East is boosting prices of materials used in automobiles like aluminum and plastics, with concerns growing that the trend will trickle downstream and eventually raise vehicle prices as well.

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