New car prices to increase under fuel efficiency standards: Toyota

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Australia’s biggest car-maker has given its starkest warning yet that prices of some new cars are set to increase under NVES

Toyota Australia has given its starkest warning yet that the Toyota HiLux, Prado and LandCruiser will soon be more expensive as a result of the government’s proposed New Vehicle Efficiency Standards (NVES).

Speaking at the launch of the new hybrid-only Toyota C-HR SUV, Toyota Australia vice-president of sales and marketing, Sean Hanley, said the larger…

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