Toyota, Lexus, Scion to boost U.S. vehicle prices in May

2011 Toyota Sequoia
2011 Toyota Sequoia

Toyota said today that it will be increasing U.S. pricing on most of its vehicles ranging from 1.2 percent to 2.2 percent. The increase extends across the Toyota, Lexus and Scion brands and takes effect in May. The announcement comes as Toyota largely remains shut down in Japan after the massive March 11 earthquake.

The price increases will start with cars built in North America in May and for imported cars that are ordered from Japan in May.

Buyers will see price increases ranging from $200 for the Toyota Yaris hatchback and $900 for the Toyota Land Cruiser and Sequoia. The 2011 Scion xD receives an MSRP increase of $65 or 0.4 percent. The Lexus price adjustments range from $600 for the GX 460 to $900 for the IS-F, LS sedans, GS 450h and the LX 570.

The only 2011 models that won’t see a price increase include the Tacoma, Yaris sedan, Scion tC, Scion xB, Lexus CT 200h and the Lexus LFA.

– By: Omar Rana