Thursday, April 16, 2009

Lexus Prices Due to Increase

Lexus' prices will increase across its entire range from January 2009.

Lexus RRP Effective January 1 2009

Global economic pressure has forced Lexus to revise pricing across its model range. Soaring raw material costs on the commodity market linked with a weakening exchange rate were the main contributing factors.
Lexus New Zealand Manager Ms Debbie Pattullo said, "Lexus New Zealand has been trying to hold prices for as long as possible but with the New Zealand dollar being down approximately 25 per cent against the Yen when compared to the average rate over the past year, we have been left with no choice but to increase our prices."

She said the adjustments would be effective from January 1 2009.

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