Toyota mulls hiking car prices in Japan - Nikkei

Newswire

TOKYO, June 27 (Reuters) - Toyota Motor Corp is considering raising the prices of passenger vehicles sold in Japan as higher steel and other raw materials costs weigh heavily on its profits, the Nikkei business daily said on Friday. Toyota, the world's largest automaker, may go so far as to raise the prices of all vehicles at once and will make a final decision as early as next month, the paper said. "We'll make a final decision after evaluating April-June sales and production costs," a ...

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