Tag: increases

Volkswagen Jetta price quietly increases by $500

Filed under: Sedan, Volkswagen

2011 volkswagen jetta

2011 Volkswagen Jetta – Click above for high-res image gallery

Volkswagen has made a big deal about the 2011 Jetta’s $15,995 starting price. After all, how many times have you seen those commercials that show a guy working hard to afford the new Jetta, only to find out that it’s starting price had been lowered. And then there’s the baby-holding dad that drops his cup as the baby drops his bottle after checking out the German sedan’s bargain-basement MSRP.

At any rate, you can pick up your cup and get back to work, because the starting price of the Jetta has now been increased by $500. The VW website clearly shows that the S model, which comes equipped with an anemic 2.0-liter four-cylinder with a scant 115 horsepower, now starts at $16,495.

This isn’t exactly great news for Jetta-loving budget shoppers, but we hear rising commodity costs is making it more expensive to build vehicles these days, so it isn’t totally unexpected. On the bright side, only the entry S model has been given a price bump. The rest of the Jetta lineup is unchanged.

Volkswagen Jetta price quietly increases by $500 originally appeared on Autoblog on Thu, 12 May 2011 17:31:00 EST. Please see our terms for use of feeds.

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Toyota increases prices on most models, including Scion and Lexus

Filed under: Car Buying, Lexus, Scion, Toyota, Earnings/Financials

ToyotaToyota is increasing the base MSRP for most models in its lineup. The only Toyota products that won’t see a price hike are the Tacoma light pickup, the Yaris sedan, the Scion tC and xB, the Lexus CT200h Hybrid, and the Lexus LFA.

Toyota’s price hikes range from $200 on the Yaris Liftback, to $900 on the Land Cruiser and Sequoia. According to Toyota, the individual price increases range from 1.2 to 2.1 percent. The changes become effective for American Toyotas built in May, and for Japanese cars with a May delivery date.

The Scion xD gets a price increase of $65, or .4 percent. Lexus prices increase from $600 for the GX 460 to $900 for the IS-F, LS sedans, GS 450h Hybrid and LX 570.

[Source: Toyota]

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Toyota increases prices on most models, including Scion and Lexus originally appeared on Autoblog on Sun, 03 Apr 2011 17:06:00 EST. Please see our terms for use of feeds.

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Fiat increases stake in Chrysler to 25%

Filed under: Chrysler, Fiat

Chrysler and Fiat logos

Fiat is seriously commited to rebuilding Chrysler, and to that end it’s increased its stake in the Michigan-based automaker by an additional five percent.

The reshuffled ownership breakdown still leaves the United Auto Workers as the largest shareholder at 63.5%, with Fiat’s stake now up to 25%, the U.S. Treasury Department retaining 9.2% and the Canadian government 2.3%.

The increased stake came with government approval as Chrysler meets certain performance parameters, in this case the production of the Fully Integrated Robotized Engine (FIRE) at its plant in Dundee, Michigan.

Fiat will have the opportunity to increase its stake by another five percent when it demonstrates growth in overseas markets, and again with the production of a 40 mpg vehicle in the United States. At that point Fiat will have had the opportunity to increase its stake to a maximum of 35%. Details in the press release after the jump.

[Source: Chrysler]

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Fiat increases stake in Chrysler to 25% originally appeared on Autoblog on Mon, 10 Jan 2011 16:23:00 EST. Please see our terms for use of feeds.

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