The increases average $270 for Toyota and $208 for Lexus models due to ongoing import tariff pressures.

Toyota is raising prices on several popular models in July. If you are planning to buy a new car, you may want to pay ...

Trump's tariffs on imported automobiles have upended the outlook for the global industry, yet the US remains by far the most important market for Japan's Toyota, South Korea's Hyundai and Asian rivals ...

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Wall Street analysts predict lower second-quarter profits for Ford, GM and Stellantis due to tariff pressures and slowing sales.

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Toyota attributed the drop to a reduced number of operating days in Japan. Looking ahead, Toyota plans to raise prices on certain U.S. models by more than $200 starting next month.

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However, Toyota denies that the increase has anything to do with tariffs. "The latest price hike is part of our regular review of the prices," Nobu Sunaga, a Toyota spokesperson, told Reuters.