Audiovox Makes Price Hike Official

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Audiovox confirmed it will officially raise prices on June 1 on all car audio with the exception of most satellite radio products.

Car audio products will see a 3 percent price hike across the board and security products will also see an increase.

Audiovox raises car audio pricesAs other companies, Audiovox has attempted to keep prices stable but as commodity prices have been rising including fuel, the company finally decided on the price hike.

As we reported earlier, JL Audio, Maxxsonics and others are also considering raising prices.

Source: CEoutlook and friends

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