Oh, What Higher Prices! Toyota Edges Stickers Up On Seven Models

The front office in Toyota City appears to have said "Hai!" and green lighted the NorAm branch of the super best number one awesome automaker from Japan to raise prices on seven ToMoCo models. According to the Associated Press,

"The average price increase on the models was $136, or about 0.7%.

Among the changes, the suggested price of the Corolla compact sedan will rise $100, or 0.6%; the FJ Cruiser sport utility vehicle will rise $200, or 0.9%; and gasoline-powered versions of the Camry midsize sedan will rise $200, or 0.9%.

Prices also will rise on the Yaris subcompact sedan and hatchback, Matrix crossover utility vehicle, RAV4 compact SUV and Tacoma pickup truck."

This is a move we can only assume is meant to boost numbers on the automakers already sky-high profit levels. Unless of course it's to help prop up flagging sales at US automakers — which isn't entirely speculative, considering it's CEO said as much a year and a half ago. Either way, Happy Hanukkah from Toyota! – Ray Wert

Prices on 7 Toyota models to edge up [AP via Freep]

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