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To counter Japanese yen gains on the U.S. dollar, Toyota Motor Corp's U.S. sales arm intends to increase raise retail prices for models available in the U.S. market. Toyota said that the cars that get to the U.S. from Japan in May, or are built in North America in the same month, will have their rates increased. Toyota said that there will be a 1.7% increase in the average prices for all three brands (Toyota, Scion, Lexus)

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Toyota hikes U.S. prices an average 1.7% on most models

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