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Price of ’09 Prius to rise by $500

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From Times Staff and Wire Reports

Toyota is raising the U.S. price of its Prius hybrid by $500 for the 2009 model.

Toyota Motor Corp.’s U.S. sales unit said the suggested retail price for a Prius will rise 2.2%. Base prices will range from $22,000 for the standard Prius to $24,270 for a touring model.

The Japanese carmaker also announced new prices for a dozen other Toyota and Scion models, with an average increase of $181. Lexus, Toyota’s luxury brand, announced higher prices for four vehicles as well.

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