Latest news with #pricehikes
Bloomberg
6 hours ago
- Business
- Bloomberg
Nestle Sales Rise on Price Hikes, May Divest Vitamins Business
Nestle SA sales rose, fueled by price hikes that helped offset sluggish volumes, as the world's largest food company started a strategic review of its vitamins business. The maker of Nespresso and KitKat candy bars saw revenue grow 2.9% on an organic basis in the first half of the year, it said Thursday, in line with the average analyst estimate compiled by Bloomberg. Price hikes were the main reason for the increase, while real internal growth — a measure of volumes — expanded more slowly than analysts had expected.
CNET
2 days ago
- Business
- CNET
CNET Daily Tariff Price Impact Tracker: I'm Watching 11 Key Products for Inflation
Price hikes resulting from Trump's tariffs could be closer than ever. James Martin/CNET The question of how new tariffs will impact prices is more relevant than ever, as President Donald Trump punts another major deadline down the road and a new Consumer Price Index summary showing that inflation was 2.7% in June, the biggest jump since February. We might not see the worst-case-scenario impacts of these tariffs until Aug. 1 at this point, but that CPI report makes it clear that their effects are very real. Amid these lingering concerns, I've been tracking prices every day for 11 key products likely to be hit by tariff-induced price increases, and the answer I've come to so far is this: Not so much, at least not yet. The winding road of tariff inflation still stretches before us into an uncertain future, so the threat of price hikes continues to cloud the horizon. To date, I've seen two noteworthy price increases, one for the Xbox Series X and the other for a popular budget-friendly 4K TV. Some other products -- including Apple's popular AirPods -- have gone on sale for brief periods. CNET Tariff Tracker Index Above, you can check out a chart with the average price of the 11 products included in this piece over the course of 2025. This will help give you a sense of the overall price changes and fluctuations going on. Further down, you'll be able to check out charts for each individual product being tracked. Based on the numbers so far, the average has gone up noticeably since the start of the year, but this has been driven mostly be a big shifts for a few products, as most price are still stable. We'll be updating this article regularly as prices change. It's all in the name of helping you make sense of things, so be sure to check back every so often. For more, check out CNET's guide to whether you should wait to make big purchases or buy them now and get expert tips about how to prepare for a recession. Watch this: Should You Buy Now or Wait? Our Experts Weigh In on Tariffs 09:42 Methodology We're checking prices daily and will update the article and the relevant charts right away to reflect any changes. The following charts show a single bullet point for each month, with the most recent one labeled "Now" and showing the current price. For the past months, we've gone with what was the most common price for each item in the given month. In most cases, the price stats used in these graphs were pulled from Amazon using the historical price-tracker tool Keepa. For the iPhones, the prices come from Apple's official materials and are based on the 128-gigabyte base model of the latest offering of the iPhone 16. For the Xbox Series X, the prices were sourced from Best Buy using the tool PriceTracker. If any of these products happen to be on sale at a given time, we'll be sure to let you know and explain how those price drops differ from longer-term pricing trends that tariffs can cause. The 11 products we're tracking Mostly what we're tracking in this article are electronic devices and digital items that CNET covers in depth, like iPhones and affordable 4K TVs -- along with a typical bag of coffee, a more humble product that isn't produced in the US to any significant degree. The products featured were chosen for a few reasons: Some of them are popular and/or affordable representatives for major consumer tech categories, like smartphones, TVs and game consoles. Others are meant to represent things that consumers might buy more frequently, like printer ink or coffee beans. Some products were chosen over others because they are likely more susceptible to tariffs. Some of these products have been reviewed by CNET or have been featured in some of our best lists. Below, we'll get into more about each individual product, and stick around till the end for a rundown of some other products worth noting. iPhone 16 The iPhone is the most popular smartphone brand in the US, so this was a clear priority for price tracking. The iPhone has also emerged as a major focal point for conversations about tariffs, given its popularity and its susceptibility to import taxes because of its overseas production, largely in China. Trump has reportedly been fixated on the idea that the iPhone can and should be manufactured in the US, an idea that experts have dismissed as a fantasy. Estimates have also suggested that a US-made iPhone would cost as much as $3,500. Something to note about this graph: The price listed is the one you'll see if you buy your phone through a major carrier. If you, say, buy direct from Apple or Best Buy without a carrier involved, you'll be charged an extra $30, so in some places, you might see the list price of the standard iPhone 16 listed as $830. Apple's been taking a few steps to protect its prices in the face of these tariffs, flying in bulk shipments of product before they took effect and planning to move production for the US market from China to India. A new Reuters report found that a staggering 97% of iPhones imported from the latter country, March through May, were bound for the US. This latter move drew the anger of Trump again, threatening the company with a 25% tariff if they didn't move production to the US, an idea CEO Tim Cook has repeatedly shot down in the past. This came after Trump gave a tariff exemption to electronic devices including smartphones, so the future of that move seems in doubt now. Duracell AA batteries A lot of the tech products in your home might boast a rechargeable energy source but individual batteries are still an everyday essential and I can tell you from experience that as soon as you forget about them, you'll be needing to restock. The Duracell AAs we're tracking are some of the bestselling batteries on Amazon. Samsung DU7200 TV Alongside smartphones, televisions are some of the most popular tech products out there, even if they're an infrequent purchase. This particular product is a popular entry-level 4K TV and was CNET's pick for best overall budget TV for 2025. Unlike a lot of tech products that have key supply lines in China, Samsung is a South Korean company, so it might have some measure of tariff resistance. After spending most of 2025 hovering around $400, this item has now seen some notable upticks on Amazon, most recently sitting around $450. This could potentially be in reaction to Trump's announcement of 25% tariffs against South Korea this week. Xbox Series X Video game software and hardware are a market segment expected to be hit hard by the Trump tariffs. Microsoft's Xbox is the first console brand to see price hikes -- the company cited "market conditions" along with the rising cost of development. Most notably, this included an increase in the price of the flagship Xbox Series X, up from $500 to $600. Numerous Xbox accessories also were affected and the company also said that "certain" games will eventually see a price hike from $70 to $80. Initially, we were tracking the price of the much more popular Nintendo Switch as a representative of the gaming market. Nintendo has not yet hiked the price of its handheld-console hybrid and stressed that the $450 price tag of the upcoming Switch 2 has not yet been inflated because of tariffs. Sony, meanwhile, has so far only increased prices on its PlayStation hardware in markets outside the US. AirPods Pro 2 The latest iteration of Apple's wildly popular true-wireless earbuds are here to represent the headphone market. Much to the chagrin of the audiophiles out there, a quick look at sales charts on Amazon shows you just how much the brand dominates all headphone sales. While Prime Day might be in the rearview mirror at this point, you can grab a pair of these earbuds for $169, a $30 discount from where they've been most of the year. HP 962 CMY printer ink This HP printer ink includes cyan, magenta and yellow all in one product and recently saw its price jump from around $72 -- where it stayed for most of 2025 -- to $80, which is around its highest price over the last five years. We will be keeping tabs to see if this is a long-term change or a brief uptick. This product replaced Overture PLA Filament for 3D printers in this piece, but we're still tracking that item. Anker 10,000-mAh, 30-watt power bank Anker's accessories are perennially popular in the tech space and the company has already announced that some of its products will get more expensive as a direct result of tariffs. This specific product has also been featured in some of CNET's lists of the best portable chargers. Bose TV speaker Soundbars have become important purchases, given the often iffy quality of the speakers built into TVs. While not the biggest or the best offering in the space, the Bose TV Speaker is one of the more affordable soundbar options out there, especially hailing from a brand as popular as Bose. Oral-B Pro 1000 electric toothbrush They might be a lot more expensive than their traditional counterparts but electric toothbrushes remain a popular choice for consumers because of how well they get the job done. I know my dentist won't let up on how much I need one. This particular Oral-B offering was CNET's overall choice for the best electric toothbrush for 2025. This product hasn't seen its price budge one way or another most of the year, but while Prime Day might have come and gone, there's still a $10 coupon listed on Amazon right now, letting you save a little bit of money for the time being. Lenovo IdeaPad Flex 5i Chromebook Lenovo is notable among the big laptop manufacturers for being a Chinese company making its products especially susceptible to Trump's tariffs. For now, its price has been largely unchanged in the last few months. You can, however, grab it on Amazon right now at a $20 discount, but we'll have to see how long that actually lasts. Starbucks Ground Coffee (28-ounce bag) Coffee is included in this tracker because of its ubiquity -- I'm certainly drinking too much of it these days -- and because it's uniquely susceptible to Trump's tariff agenda. Famously, coffee beans can only be grown within a certain distance from Earth's equator, a tropical span largely outside the US and known as the "Coffee Belt." Hawaii is the only part of the US that can produce coffee beans, with data from USAFacts showing that 11.5 million pounds were harvested there in the 2022-23 season -- little more than a drop in the mug, as the US consumed 282 times that amount of coffee during that period. Making matters worse, Hawaiian coffee production has declined in the past few years. All that to say: Americans get almost all of their coffee from overseas, making it one of the most likely products to see price hikes from tariffs. While this particular bag of beans from Starbucks hasn't seen its price budge for most of the year, in recent days it ticked up by less than a dollar on Amazon, which could be a sign of further increases to come. Other products As mentioned, we occasionally swap out products with different ones that undergo notable price shifts. Here are some things no longer featured above, but that we're still keeping an eye on: Nintendo Switch: The baseline handheld-console hybrid has held steady around $299 most places -- including Amazon release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. Overture PLA 3D printer filament: This is a popular choice on Amazon Here are some products we also wanted to single out that haven't been featured with a graph yet: Razer Blade 18 (2025), 5070 Ti edition: The latest revision of Razer's largest gaming laptop saw a $300 price bump recently, with the base model featured an RTX 5070 Ti graphics card now priced at $3,500 ahead of launch, compared to the $3,200 price announced in February. While Razer has stayed mum about the reasoning, it did previously suspend direct sales to the US as Trump's tariff plans were ramping up in April. Asus ROG Ally X: The premium version of Asus's Steam Deck competitor handheld gaming PC recently saw a price hike from $799 to $899, coinciding with the announcement of the company's upcoming Xbox-branded Ally handhelds.
CNET
2 days ago
- Health
- CNET
Eating These 8 Foods Can Give Your Happiness Hormones a Boost
Eating food is great fun, but choosing the right food to eat can be difficult if you're stressed about money and trying to adjust your grocery budget after recent price hikes. But did you know that choosing to eat specific types of foods can actually improve your mood overall? The right foods can lift your spirits, fuel your body and give you the energy to take on the day. While we admit that it won't fix your mental health, studies have linked nutrition and mental well-being. Certain foods are associated with increased serotonin in our brains. Serotonin is also known as the "happy hormone," and plays an important role in regulating our mood. Low levels of serotonin can lead to mood instability. Serotonin aside, eating nutrient-rich foods aren't a bad place to start if you're looking to feel better. To that end, we set out to find the foods that you should focus on if you're keen to improve your mood and overall health. For more mental health resources, try these simple ways to improve your mental health without therapy, and check out our list of ways to manage anxiety without medication. 8 foods to boost your happiness 1. Dark chocolate You know the typical scene in movies where a girl sits on her couch in sweats, eating a tub of chocolate ice cream. Turns out Hollywood was on to something. A systematic review found that dark chocolate can positively affect one's mood. There are three main components found in chocolate that are associated with the feeling of happiness: tryptophan, theobromine and phenylethylalanine. Tryptophan is an amino acid the brain uses to produce serotonin. Theobromine is a weak stimulant that can improve your mood. Meanwhile, phenylethylalanine is another amino acid used by the body to produce dopamine, which acts as an antidepressant. 2. Bananas If there were ever such a thing as "good mood food," bananas are probably it, but maybe not in the way you think they are. Although bananas contain serotonin, it is unable to cross the blood-brain barrier (think of the BBB as a wall that filters what can and cannot enter our bloodstream and make its way to our brains). Bananas can play a crucial role in regulating your mood in a more indirect way. Your body needs vitamin B6 to create serotonin, and bananas are especially rich in this nutrient. A single medium-size banana contains up to 0.4 mg of vitamin B6, which accounts for roughly 25% of the daily recommended intake. Read more: Painting Your Walls These Colors Can Help You Feel Happier 3. Coconut If you've got the winter blues and are dreaming of warmer days, coconut may transport your taste buds and mood to a tropical state of mind. Coconut is loaded with medium-chain triglycerides, which can help boost your energy. Another reason coconut is considered mood food is that a 2017 animal study found that MCTs from coconut milk may reduce anxiety. More research is needed to fully understand the link between anxiety and coconut in humans. 4. Coffee This one is for the 1 billion coffee drinkers in the world. Now you can justify your coffee intake (in moderation, of course) since coffee is making the world a happier place, one sip at a time. A 2016 meta-analysis concluded that coffee consumption is significantly associated with decreased risk of depression. Another small study concluded that coffee -- both caffeinated and decaffeinated -- significantly improved the subjects' mood compared to those who ingested a placebo drink. Getty Images 5. Avocado Other generations may say that avocado toast is to blame for millennials not owning houses, but one thing is for sure -- avocados are making us happier. This smooth and creamy fruit is packed with nutrients including choline, which your body uses to regulate your nervous system and mood. A 2020 study found that the healthy fats in avocados are associated with decreased anxiety in women. Another great reason to consume more avocados is that they're rich in vitamin B, which has been linked to lower stress levels. 6. Berries Did you know that consuming more fruit is also associated with better mental health? A 2016 meta-analysis found that fruit and vegetable intake was highly associated with improved mental health. Berries, in particular, are rich in antioxidants, also known as flavonoids, which may reduce depression symptoms. Another study where subjects were given blueberry juice showed promising results that linked blueberry intake with slower cognitive decline that's associated with aging. 7. Fermented foods Foods that go through a fermentation process like sauerkraut, kimchi, kefir, kombucha and yogurt help you maintain a healthy gut and may also help improve your mood. The fermentation process creates probiotics, which in turn, support healthy bacteria in your gut. Now, what does your gut have to do with your mood? A lot. Up to 90% of serotonin produced by your body is created from gut cells. Eating fermented foods promotes better serotonin production. Read more: The 8 Biggest Anxiety Myths Out There Right Now 8. Mushrooms Mushrooms are packed with Vitamin D, which has been linked to antidepressant qualities and may boost your mood. If you're vegan or vegetarian, you're in luck, since mushrooms are the only non-animal-derived food source with a substantial amount of Vitamin D that's bioavailable (the body can easily absorb it). To get the most Vitamin D benefit from mushrooms, expose them to sunlight for a few hours before cooking. Too long, didn't read? When you're not feeling your best self, your first instinct may be to reach for the pack of cookies. While these may give you some satisfaction, they're unlikely to help your mental health in the long run. Instead, opt for nutrient-rich foods like the ones on this list to give you a happiness boost.
CNET
3 days ago
- Business
- CNET
With Tariffs Now Linked to Inflation, I'm Tracking 11 Key Products for Price Moves
Price hikes resulting from Trump's tariffs could be closer than ever. James Martin/CNET The question of how new tariffs will impact prices is more relevant than ever, as President Donald Trump punts another major deadline down the road and a new Consumer Price Index summary showing that inflation was 2.7% in June, the biggest jump since February. Despite the heaviest of Trump's tariffs being continually delayed, that CPI report appears to confirm the concerns of economists and consumers alike that costs are creeping up nonetheless. Amid those worries, I've been tracking prices every day for 11 key products likely to be hit by tariff-induced price increases, and the answer I've come to so far is this: Not so much, at least not yet. The winding road of tariff inflation still stretches before us into an uncertain future, so the threat of price hikes continues to cloud the horizon. To date, I've seen two noteworthy price increases, one for the Xbox Series X and the other for a popular budget-friendly 4K TV. Some other products -- including Apple's popular AirPods and a notable brand of printer ink -- have gone on sale for brief periods. CNET Tariff Tracker Index Above, you can check out a chart with the average price of the 11 products included in this piece over the course of 2025. This will help give you a sense of the overall price changes and fluctuations going on. Further down, you'll be able to check out charts for each individual product being tracked. Based on the numbers so far, the average has gone up noticeably since the start of the year, but this has been driven mostly be a big shifts for a few products, as most price are still stable. We'll be updating this article regularly as prices change. It's all in the name of helping you make sense of things, so be sure to check back every so often. For more, check out CNET's guide to whether you should wait to make big purchases or buy them now and get expert tips about how to prepare for a recession. Watch this: Should You Buy Now or Wait? Our Experts Weigh In on Tariffs 09:42 Methodology We're checking prices daily and will update the article and the relevant charts right away to reflect any changes. The following charts show a single bullet point for each month, with the most recent one labeled "Now" and showing the current price. For the past months, we've gone with what was the most common price for each item in the given month. In most cases, the price stats used in these graphs were pulled from Amazon using the historical price-tracker tool Keepa. For the iPhones, the prices come from Apple's official materials and are based on the 128-gigabyte base model of the latest offering of the iPhone 16. For the Xbox Series X, the prices were sourced from Best Buy using the tool PriceTracker. If any of these products happen to be on sale at a given time, we'll be sure to let you know and explain how those price drops differ from longer-term pricing trends that tariffs can cause. The 11 products we're tracking Mostly what we're tracking in this article are electronic devices and digital items that CNET covers in depth, like iPhones and affordable 4K TVs -- along with a typical bag of coffee, a more humble product that isn't produced in the US to any significant degree. The products featured were chosen for a few reasons: Some of them are popular and/or affordable representatives for major consumer tech categories, like smartphones, TVs and game consoles. Others are meant to represent things that consumers might buy more frequently, like printer ink or coffee beans. Some products were chosen over others because they are likely more susceptible to tariffs. Some of these products have been reviewed by CNET or have been featured in some of our best lists. Below, we'll get into more about each individual product, and stick around till the end for a rundown of some other products worth noting. iPhone 16 The iPhone is the most popular smartphone brand in the US, so this was a clear priority for price tracking. The iPhone has also emerged as a major focal point for conversations about tariffs, given its popularity and its susceptibility to import taxes because of its overseas production, largely in China. Trump has reportedly been fixated on the idea that the iPhone can and should be manufactured in the US, an idea that experts have dismissed as a fantasy. Estimates have also suggested that a US-made iPhone would cost as much as $3,500. Something to note about this graph: The price listed is the one you'll see if you buy your phone through a major carrier. If you, say, buy direct from Apple or Best Buy without a carrier involved, you'll be charged an extra $30, so in some places, you might see the list price of the standard iPhone 16 listed as $830. Apple's been taking a few steps to protect its prices in the face of these tariffs, flying in bulk shipments of product before they took effect and planning to move production for the US market from China to India. A new Reuters report found that a staggering 97% of iPhones imported from the latter country, March through May, were bound for the US. This latter move drew the anger of Trump again, threatening the company with a 25% tariff if they didn't move production to the US, an idea CEO Tim Cook has repeatedly shot down in the past. This came after Trump gave a tariff exemption to electronic devices including smartphones, so the future of that move seems in doubt now. Duracell AA batteries A lot of the tech products in your home might boast a rechargeable energy source but individual batteries are still an everyday essential and I can tell you from experience that as soon as you forget about them, you'll be needing to restock. The Duracell AAs we're tracking are some of the bestselling batteries on Amazon. Samsung DU7200 TV Alongside smartphones, televisions are some of the most popular tech products out there, even if they're an infrequent purchase. This particular product is a popular entry-level 4K TV and was CNET's pick for best overall budget TV for 2025. Unlike a lot of tech products that have key supply lines in China, Samsung is a South Korean company, so it might have some measure of tariff resistance. After spending most of 2025 hovering around $400, this item has now seen some notable upticks on Amazon, most recently sitting around $450. This could potentially be in reaction to Trump's announcement of 25% tariffs against South Korea this week. Xbox Series X Video game software and hardware are a market segment expected to be hit hard by the Trump tariffs. Microsoft's Xbox is the first console brand to see price hikes -- the company cited "market conditions" along with the rising cost of development. Most notably, this included an increase in the price of the flagship Xbox Series X, up from $500 to $600. Numerous Xbox accessories also were affected and the company also said that "certain" games will eventually see a price hike from $70 to $80. Initially, we were tracking the price of the much more popular Nintendo Switch as a representative of the gaming market. Nintendo has not yet hiked the price of its handheld-console hybrid and stressed that the $450 price tag of the upcoming Switch 2 has not yet been inflated because of tariffs. Sony, meanwhile, has so far only increased prices on its PlayStation hardware in markets outside the US. AirPods Pro 2 The latest iteration of Apple's wildly popular true-wireless earbuds are here to represent the headphone market. Much to the chagrin of the audiophiles out there, a quick look at sales charts on Amazon shows you just how much the brand dominates all headphone sales. While Prime Day might be in the rearview mirror at this point, you can grab a pair of these earbuds for $169, a $30 discount from where they've been most of the year. HP 962 CMY printer ink This HP printer ink includes cyan, magenta and yellow all in one product and recently saw its price jump from around $72 -- where it stayed for most of 2025 -- to $80, which is around its highest price over the last five years. We will be keeping tabs to see if this is a long-term change or a brief uptick. For now, if you're looking for a cheaper restock, this product is currently $10 off on Amazon. This product replaced Overture PLA Filament for 3D printers in this piece, but we're still tracking that item. Anker 10,000-mAh, 30-watt power bank Anker's accessories are perennially popular in the tech space and the company has already announced that some of its products will get more expensive as a direct result of tariffs. This specific product has also been featured in some of CNET's lists of the best portable chargers. Bose TV speaker Soundbars have become important purchases, given the often iffy quality of the speakers built into TVs. While not the biggest or the best offering in the space, the Bose TV Speaker is one of the more affordable soundbar options out there, especially hailing from a brand as popular as Bose. Oral-B Pro 1000 electric toothbrush They might be a lot more expensive than their traditional counterparts but electric toothbrushes remain a popular choice for consumers because of how well they get the job done. I know my dentist won't let up on how much I need one. This particular Oral-B offering was CNET's overall choice for the best electric toothbrush for 2025. This product hasn't seen its price budge one way or another most of the year, but while Prime Day might have come and gone, there's still a $10 coupon listed on Amazon right now, letting you save a little bit of money for the time being. Lenovo IdeaPad Flex 5i Chromebook Lenovo is notable among the big laptop manufacturers for being a Chinese company making its products especially susceptible to Trump's tariffs. For now, its price has been largely unchanged in the last few months. You can, however, grab it on Amazon right now at a $20 discount, but we'll have to see how long that actually lasts. Starbucks Ground Coffee (28-ounce bag) Coffee is included in this tracker because of its ubiquity -- I'm certainly drinking too much of it these days -- and because it's uniquely susceptible to Trump's tariff agenda. Famously, coffee beans can only be grown within a certain distance from Earth's equator, a tropical span largely outside the US and known as the "Coffee Belt." Hawaii is the only part of the US that can produce coffee beans, with data from USAFacts showing that 11.5 million pounds were harvested there in the 2022-23 season -- little more than a drop in the mug, as the US consumed 282 times that amount of coffee during that period. Making matters worse, Hawaiian coffee production has declined in the past few years. All that to say: Americans get almost all of their coffee from overseas, making it one of the most likely products to see price hikes from tariffs. While this particular bag of beans from Starbucks hasn't seen its price budge for most of the year, in recent days it ticked up by less than a dollar on Amazon, which could be a sign of further increases to come. Other products As mentioned, we occasionally swap out products with different ones that undergo notable price shifts. Here are some things no longer featured above, but that we're still keeping an eye on: Nintendo Switch: The baseline handheld-console hybrid has held steady around $299 most places -- including Amazon release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. Overture PLA 3D printer filament: This is a popular choice on Amazon Here are some products we also wanted to single out that haven't been featured with a graph yet: Razer Blade 18 (2025), 5070 Ti edition: The latest revision of Razer's largest gaming laptop saw a $300 price bump recently, with the base model featured an RTX 5070 Ti graphics card now priced at $3,500 ahead of launch, compared to the $3,200 price announced in February. While Razer has stayed mum about the reasoning, it did previously suspend direct sales to the US as Trump's tariff plans were ramping up in April. Asus ROG Ally X: The premium version of Asus's Steam Deck competitor handheld gaming PC recently saw a price hike from $799 to $899, coinciding with the announcement of the company's upcoming Xbox-branded Ally handhelds.
News.com.au
3 days ago
- Automotive
- News.com.au
Subaru boss backs emissions but won't say if price will rise
Subaru has not ruled out price increases under the Federal Government's New Vehicle Efficiency Standard (NVES), but the company's local boss says it will avoid them for now. While rival brands such as Ford have cited NVES as the reason for the recent price hikes including a $5,000 jump for the Mustang, Subaru has held firm. Subaru managing director Scott Lawrence said the automaker supports the Federal Government's NVES but declined to predict how the regulation might affect the wider market in years to come. 'I won't comment on the market outlook,' he said. 'Look, we've not lifted prices. I can't really speak to the future of price moves. 'Certainly, our intent is to have a product-first strategy, to make sure the product is right for consumers. Ultimately though, consumers will decide.' Price hikes have become a major talking point across the industry as the NVES framework penalises high-emitting vehicles and incentives brands who offer low-emitting vehicles. Hence why several brands have adjusted pricing, with the rising costs often passed on to consumers. Lawrence explained that Subaru's plan to NVES is to provide more powertrain variety, with hybrid, electric and internal combustion models all available in its Australian line-up. 'Overwhelmingly, we support any initiative to reduce emissions,' he said. 'Our response is to keep working with Subaru Corporation to bring in the right products for Australian consumers.' The brand's new 'strong hybrid' Forester joins the fully electric Solterra and other hybrid and petrol models. Lawrence said hybrid tech is becoming the natural next step for traditional buyers as they offer 'more range and confidence', especially in regional Australia where EV infrastructure is limited. However he did say 'EVs will grow'. 'That's why we've committed to providing a full spectrum of choice – from petrol to hybrid to electric,' he said. Subaru has committed to launch eight EVs globally by 2028, though not all will reach Australia. 'EVs will form a bigger and bigger part of the future, but not the sole part,' he said.
