Toyota is rasing the car prices in US

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accroding to http://www.easycarblog.com/
Toyota is facing its first profit drop in almost a decade, so they have decided to raise their prices in the U.S due to high raw material prices and the weakening of the U.S dollar.

Toyota will first raise the prices of the cars imported to the U.S, whilst the cars which are locally manufactured will only raise later in the month. Toyota has a strong focus on fuel-efficiency and reliability, and this should stay the same even though there will be new prices.

The petrol-electric Prius should get around a 1.8% price increase, meaning the base model will be around $380 more expensive and the Touring model will be around $420 more expensive. The Toyota Yaris will have a price increase of around 1.7% so it will be around a $200 price increase.

Toyota is set to build a new plant in India for range of low cost cars which will be designed to rival the Tata Nano.

Auto insurance quotes should not raise due to the price hike.
and accroding to http://www.japantoday.com/category/business/view/toyota-to-raise-prices-in-us

NEW YORK —

Toyota Motor Corp will raise its automobile prices in the U.S. market later this month. Toyota said it will lift its suggested retail price by 0.9% for the 2009 model year Camry sedan, 1.6% for the 2008 Yaris sedan and 1.8% for the 2008 Prius hybrid vehicle.

The suggested price will go up by 1.1% for the 2008 RAV4 sport-utility vehicle and 0.3% for the 2008 Tundra full-size pickup truck. The company decided on the markup by taking into account the impact of the yen’s recent appreciation against the dollar and the pricing strategies of other automakers, a Toyota spokesman said.

Meanwhile, Toyota will keep unchanged the prices of five models, including the Corolla car, the Tacoma pickup truck and the Sequoia full-size SUV.

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