Iveco ups heavy truck prices in Italy by 2.5 pct

MILAN, June 30 | Mon Jun 30, 2008 1:34pm EDT

MILAN, June 30 (Reuters) - Iveco, the truck maker belonging to the Fiat (FIA.MI) industrial group, said on Monday it was increasing the price list for its heavy trucks to compensate for the rise in raw materials costs.

"The initiative will concern all markets," it said in a statement, adding that it would start with Italy in July with a 2.5 percent increase. (Reporting by Gilles Castonguay, editing by Will Waterman)

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