financetom
Business
financetom
/
Business
/
Toyota to raise US auto prices by average $270 from July
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Toyota to raise US auto prices by average $270 from July
Jun 21, 2025 12:29 AM

June 20 (Reuters) - Japanese carmaker Toyota Motor ( TM )

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 ( TM ) 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 ( TM ) spokesperson, said.

Prices for Lexus models, Toyota's ( TM ) luxury brand, would also

increase by an average of $208, he said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Natural Gas Rises as Chilly Eastern Weather Boosts Heating Demand
Natural Gas Rises as Chilly Eastern Weather Boosts Heating Demand
Nov 11, 2025
09:12 AM EST, 11/11/2025 (MT Newswires) -- Natural gas futures rose early on Tuesday as cold eastern weather continues to support demand, though long-term forecast see milder weather on the way. Gas for December delivery was last seen up $0.02 to US$4.36 per million British thermal units. The rise comes as eastern states get a first taste of winter temperatures,...
Sector Update: Consumer Stocks Mixed Premarket Tuesday
Sector Update: Consumer Stocks Mixed Premarket Tuesday
Nov 11, 2025
09:11 AM EST, 11/11/2025 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.1%. Sea (SE) shares were up more than 2% after the company reported higher Q3 earnings and revenue. Target ( TGT )...
IDT's National Retail Solutions Launches Integration With Grubhub
IDT's National Retail Solutions Launches Integration With Grubhub
Nov 11, 2025
09:09 AM EST, 11/11/2025 (MT Newswires) -- IDT (IDT) subsidiary National Retail Solutions said Tuesday it has integrated ordering and delivery marketplace Grubhub into its nationwide point-of-sale system. Retailers on the system will now be able to offer their customers remote ordering for delivery or in-store pick-up using the Grubhub app, the company said. ...
Centuri Appoints Icahn Enterprises Analyst Dustin DeMaria to Its Board of Directors
Centuri Appoints Icahn Enterprises Analyst Dustin DeMaria to Its Board of Directors
Nov 11, 2025
09:11 AM EST, 11/11/2025 (MT Newswires) -- Centuri Holdings ( CTRI ) said Tuesday that Dustin DeMaria, a senior analyst at Icahn Enterprises ( IEP ) and Icahn Capital, has been appointed to its board of directors, effective immediately. The utility infrastructure services company said DeMaria will serve as an independent director and stand for election at its 2026 shareholder...
Copyright 2023-2026 - www.financetom.com All Rights Reserved