UMW Toyota to raise car prices

Price hike: UMW Toyota says that effective January, it will raise the prices of its vehicles by 4 to 16 across all models

KUALA LUMPUR: UMW Toyota Motor Sdn Bhd, the distributor of Toyota and Lexus vehicles, has said it has no choice but to raise prices in January, as it struggles to cope with the weaker ringgit.

The price increase, effective January, varies between 4% and 16% across all models.