Toyota Motor Corp. reduces the price on its Vitz subcompact by ¥20,000-¥55,000 ($150-$415) on most trim levels in an attempt to be more competitive against Honda Motor Co. Ltd.’s popular Fit. The B-segment Vitz has been popular since its January 1999 launch but is seeing sales slip against the Fit, released last summer. The Fit last November also dethroned Toyota’s new Corolla as the best-selling car in the country. Corolla had held the position for 14 straight months. The B-segment is ...

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