it might not go up 20% all at once, but it does cost 20% more to build the same car
hell their insurance is more than the cost of the steel...
Um no. I will do the math for you. The labor per car, on average, is 8% of the stickler price ( do your own reserach o that ). So the labor per 30K car is 8% of 30k or $2,400 labor per car. If labor goes up 20% then the labor per car goes up $480 per car for a total of $2,880 per car. So as the sticker price would have to go up $480 per car to cover that increase making the sticker show $30,480 and increase PER CAR SOLD of 1.6%.
Get it? The car costs 1.6% more not 20% more.