NEW YORK – Rising steel prices aren’t likely to force a hike in new vehicle prices, key executives at General Motors Corp. and Ford Motor Co. say. "There's been a lot of price pressure on steel and we've had some disagreements with some suppliers,” notes GM North America President Gary Cowger. “Will we raise prices? I'd never say never, but that's why we signed long-term contracts with our suppliers. But I don't see a price increase in the foreseeable future from us." James Padilla, ...
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