Prasco UK has confirmed it will not raise prices on its replacement car parts despite upcoming increases in the National Minimum Wage and National Insurance Contributions from April 2025.
The Doncaster-based supplier, which offers over 30,000 parts for brands including MG, BYD, and Tesla, has implemented cost-saving measures through operational efficiencies and supply chain optimisation to absorb rising costs.
Managing Director Kelvyn Waugh acknowledged industry concerns over profitability but stated that Prasco UK remains committed to maintaining competitive customer pricing. While future adjustments cannot be ruled out, the company has no immediate plans for price increases.
The announcement comes as many businesses in the motor trade prepare for higher operational costs, raising concerns about margins and repair affordability.
