Japanese carmaker Toyota Motor said on Saturday it will raise prices for some vehicles sold in the United States by an average of $270 starting in July.
The automaker's decision follows U.S. President Donald Trump's imposition of a 25% tariff on imported vehicles and auto parts. A Toyota spokesperson, however, denied the tariff directly influenced the price increase.
"The latest price hike is part of our regular review of the prices," Nobu Sunaga, a Toyota spokesperson, said.
Prices for Lexus models, Toyota's luxury brand, would also increase by an average of $208, he said.
The automaker's decision follows U.S. President Donald Trump's imposition of a 25% tariff on imported vehicles and auto parts. A Toyota spokesperson, however, denied the tariff directly influenced the price increase.
"The latest price hike is part of our regular review of the prices," Nobu Sunaga, a Toyota spokesperson, said.
Prices for Lexus models, Toyota's luxury brand, would also increase by an average of $208, he said.
You may also like
Pakistani actress's body found 7 days after her death. Who was Ayesha Khan?
WW3 warning as UN chief says Iran attacks will have 'grave consequences'
Toxic smoke warning as man 'lucky to be alive' after power bank flat fire
5 Monsoon Trekking Spots Near Mumbai You Can't Miss
'Want to justify Haryana Steelers' faith and become a champion again': Naveen Kumar
