Toyota Will Raise US Auto Prices by More Than $200 From July

Toyota Motor Corp. will raise prices of some vehicles it sells in the US by more than $200 starting next month.

Some Toyota- and Lexus-branded models will see their prices raised by an average of $270 and $208, respectively, Nobu Sunaga, a spokesman for the Japanese carmaker, said in an email on Saturday.

The move is a part of a regular revision and new prices are determined based on factors including market conditions and competition, he said, without giving more details.

The revision comes after Mitsubishi Motors Corp. announced raising the US prices for three models this month, also citing ...