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Toyota Plans Price Hike WEF 1st October

on September 7, 2011

Toyota plans to raise prices of its cars yet again. The Japanese automaker blames the increase in input costs for this price hike. The company plans to hike prices by 1.5-2% with effect from 1st October, 2011. A surprising move indeed considering demand has slowed down due to increase in interest rates and fuel prices.

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Article by Faisal Khan

Founder and Editor of MotorBeam, his passion for cars and bikes chases his dreams. Read more about him here | Google+

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