The increases average $270 for Toyota and $208 for Lexus models due to ongoing import tariff pressures.

Toyota prices will increase by $270 beginning in July, while Lexus prices will jump by $208.

Trump's tariffs on imported automobiles have upended the outlook for the global industry, yet the US remains by far the most important market for Japan's Toyota, South Korea's Hyundai and Asian rivals ...

If you want to get ahead of potential rising prices, here are a few things to look at now before they get more expensive ...

Japanese and South Korean automakers are beginning to pass rising trade costs onto American consumers as hopes for a swift ...

Amid widespread forecasts of double-digit declines in second-quarter operating profit, speculation is growing that Hyundai Motor and Kia may need to consider raising their prices in the United ...

Wall Street analysts predict lower second-quarter profits for Ford, GM and Stellantis due to tariff pressures and slowing sales.

Toyota attributed the drop to a reduced number of operating days in Japan. Looking ahead, Toyota plans to raise prices on certain U.S. models by more than $200 starting next month.

Toyota's hybrid focus, U.S. market gains, and adaptability secure strong performance despite global risks. Click here to read an analysis of TM stock now.

However, Toyota denies that the increase has anything to do with tariffs. "The latest price hike is part of our regular review of the prices," Nobu Sunaga, a Toyota spokesperson, told Reuters.

Toyota and Lexus will increase prices hundreds of dollars starting in July. The company avoided blaming tariffs, but they likely played a role. Other brands like Ford and Subaru have also quietly ...

Toyota Motor Corporation TM will increase prices for select vehicles in the United States by more than $200, starting in July. Prices of Toyota-branded models will rise by an average of $270.