Fiat Chrysler Australia has announced a price increase of $6,000 AUD on all model variations of its Chrysler 300 sedan, CarAdvice reports, including the top-of-the-range 300 SRT.
The large price adjustment is a response to a weak Australian dollar, which currently sits at 71 cents to the U.S. dollar. CarAdvice notes the Australian dollar has been hovering around 71 cents for some time now, but it has now stayed weak long enough to force FCA to adjust the price of the 300.
The entry-level 300C will now command a $55,000 retail price, while the upmarket 300C Luxury will start at $60,000. The entry-level version of the 300 SRT, the 300 SRT Core, will sell for $65,000 and finally, the top-of-the-range 300 SRT will now be priced at $75,000.
This isn’t the first time FCA has been forced to adjust the price of one of its products in Australia in recent times. The automaker came under fire for the relatively high price of its Jeep Renegade in the region and later announced it would slash the price of the crossover by $1,500-$2,500 depending on the trim level.