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Report on quality changes for 2005 model vehicles Passenger cars The value of quality changes for a sample of 13 model-year 2005 domestic passenger cars included in the Producer Price Index (PPI) for October averaged $283.12, according to estimates by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor. This change represents 73.8 percent of the average $383.86 increase in manufacturers' invoice prices for this year's models compared with last year's models. The retail equivalent value of these quality changes averaged $310.50, representing 74.3 percent of the average $417.81 over-the-year increase in manufacturers' suggested list prices. The $310.50 estimated retail value of the quality changes includes: * $193.11 for federally mandated and nonmandated safety improvements, such as changes to brake and airbag systems * $117.39 for other quality changes, such as emission improvements, changes in audio systems, and changes in levels of standard or optional equipment Light trucks(Continue Reading)
Related Articles Brand names section Report on quality changes for 2005 model vehicles Table 5. Producer price indexes for the net output of selected industries and their products, not seasonally adjusted Table 5. Producer price indexes for the net output of selected industries and their products, not seasonally adjusted Operating System suits homes, businesses, and schools
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