Klarius raises prices ‘by a small proportion’

Klarius reports that it has been using its “extensive UK stock of exhaust systems, components and accessories to limit price rises to the aftermarket” up till now. However, the continuing rises in global energy costs are now being compounded by direct sanctions on trade with Russia, which is also pushing up raw materials costs for manufacturing industry.

“Conflict has translated into energy and raw material supply issues, which is causing price rises across all markets,” says Mark Brickhill, CEO at Klarius. “For industries particularly reliant on energy, like steel, this has caused an exponential rise in prices. As we use high-quality steel and aluminium to produce our type-approved aftermarket exhausts, we are directly affected, which means we are raising prices, but only by a small proportion compared to the energy and commodity markets.”

According to the company, Klarius’ position as a UK manufacturer has allowed it to absorb the worst of commodity price rises. Less reliant than the EU market on energy exports from Eastern Europe, the UK has avoided the worst effects of supply issues with natural gas and oil.

Furthermore, large stockholdings of raw materials and finished products at Klarius ensure that it is not as badly affected by global logistics issues, offering robust localised production. LEAN manufacturing principles at Klarius also optimise material usage and enable economical production, with these cost advantages being passed directly to Klarius customers including stockists, distributors and garages.