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Toyota to Increase Price on 2003 Vehicles

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From Associated Press

Toyota Motor Sales USA Inc. announced that it was raising the price of most of its 2003 Toyota-brand models by an average of $72 per vehicle.

Toyota said the increase was routine and wasn’t related to incentives, which much of the automotive industry has relied upon over the last 18 months to boost sales.

The average manufacturer’s suggested retail price increase is 0.3%, the company said. Prices won’t change for the 2003 Corolla, Matrix, Prius and 4Runner as well as the 2004 Sienna.

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New prices go into effect April 21, Toyota said.

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