Monday, February 3, 2014

Canadian Price Adjustment Effective March 1, 2014



Despite the company’s best efforts to avoid adjusting pricing, continued substantial changes in the exchange rate between the U.S. and Canadian dollars has forced AMSOIL to implement a minimal Canadian price adjustment effective March 1. As a U.S. company that exports to Canada, AMSOIL is impacted greatly by fluctuations in the exchange rate. The Canadian dollar has decreased in value by more than 7 percent since the last Canadian price adjustment and it is forecasted to continue dropping in value. In order to offset the increased cost of doing business in Canada, AMSOIL must implement a price increase of 4-9 percent for all products. Prices will increase by an average of 7 percent.

AMSOIL will continue monitoring the exchange rate and, as the company has done in the past, adjust pricing up or down as conditions dictate.

Even with a price adjustment, AMSOIL synthetic lubricants remain the most cost-effective choice on the market, saving customers money through extended drain intervals, reduced wear and maintenance and maximum fuel efficiency.

Updated pricing information will be available in the Product Pricing Interface in the Dealer Zone at www.amsoil.com as soon as possible. For pricing effective March 1, select Future Pricing. Pricing files are available in either EXCEL or PDF formats.