For the third time this year, Ford is raising prices. The latest increase is .03% or $124. Year to date, Ford has raised new car prices 1.3% or $375.
The latest increase, like the previous two, is due to Ford having to keep up with higher commodity prices.
As Ford has faced higher prices for steel, aluminum, rubber, oil (used for resins), and a host of other raw materials used for building cars and trucks.