“Toyota to raise car prices in the US – BloombergToyota Motor Corporation plans to raise prices on some Toyota and Lexus car models in the US, starting next month. This increase, averaging $270 and $208 respectively, is part of a regular price review taking into account market conditions and competition.”, — write: unn.ua
DetailsPrices for some Toyota and Lexus models will increase by an average of $270 and $208 respectively, Nobu Sunaga, a spokesman for the Japanese automaker, said in an email on Saturday.
It is noted that this move is part of a regular review. New prices are determined based on factors such as market conditions and competition, Sunaga said, without providing further details.
The review came after Mitsubishi Motors Corp. announced price increases in the US for three models this month. This automaker also cited regular adjustments for inflation.
Japanese automakers are largely dependent on imports for supply to the US market and are struggling with the effects of President Donald Trump’s tariffs on imported cars and parts.
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