Nissan says it's raising some Japan prices

TOKYO (AP) - Hit by soaring steel and other material costs, Nissan announced price hikes in Japan Friday for some commercial vehicle models but held back from increases on its more crucial passenger car offerings.

Nissan Motor Co., Japan's third-biggest automaker, had been considering raising domestic prices for some time because of the soaring costs of steel and other raw materials that have battered all the world's automakers.