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Toyota raises 2009 Prius price $500
31/07/2008 11:17. “) _ Toyota is raising the US price of its Prius hybrid by $500 for the 2009 model. Toyota Motor Corp.'s US sales unit said last Friday that the Prius'” // San Fernando Valley Sun

26/07/2008 10:18. Toyota Motor Corp. said Friday it is raising the U.S. suggested retail price of its Prius hybrid by $500 for the 2009 model.

The new price is a 2.2 percent increase over the current models. Prices will range from $22,000 for the standard Prius to $24,270 for a touring model, the company's U.S. sales unit said.

Bill Kwong, spokesman for Toyota Motor Sales USA Inc., said the growing cost of commodities is the main reason behind the increases. He ticked off a list of commodities-based raw materials that have seen a price run-up in the last year.

"Almost everything is made out of petroleum," he said. "Rubber, plastic, transportation (costs), glass, things like that."

"We try to absorb the costs by making things more efficient and cutting back where we could, but we also don't want to... // BusinessWeek

Total: 41 news articles
First News Article: CNNMoney.com, 26/07/2008 07:12


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