Due to rising costs of OE-quality automotive products and services, Pilkington NSG announced it was driven to increase the price of all of its auto glass products by 7.5 percent, according to a recent release from the company.
In the statement, William George, Pilkington’s director of business planning, North America, says that despite initiating cost-reducing measures, the company was unable to offset the increasing costs of the aforementioned products. The news follows the company’s August 2017 5-percent increase announcement on all of its Advanced Driver Assistance Systems (ADAS) auto glass products.
The increase will take effect on February 19.
Below is the statement from the company:
“Dear Valued Wholesale Customers:
The costs of providing OE-quality automotive products and services have increased steadily. We have implemented significant cost reduction measures, but these initiatives have not been enough to offset the escalating costs.
Driven by the need to recover a portion of the costs, Pilkington NSG must initiate a 7.5 percent price increase for all auto glass products, to be effective with orders received on or after February 19th, 2018. We will continue to look for other ways to reduce our costs while continuing to provide you with the best automotive glass and accessory programs available in the market.
Pilkington NSG offers over 10,000 different automotive glass and accessory parts at over 100+ service centers to help support your daily needs. We strive to make this incredible service possible by combining proprietary products along with value adding promotions and just in time deliveries.
Thank you for your continued support of the Pilkington NSG as we remain committed to providing you with the best service and availability of product at competitive prices.
Director – Business Planning North America”