Toyota To Hike Prices Across Range From April 1, 2021 | Editorji
  1. home
  2. > carandbike
  3. > Toyota To Hike Prices Across Range From April 1, 2021
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0
--

Toyota To Hike Prices Across Range From April 1, 2021

Mar 29, 2021 19:28 IST

Toyota Kirloskar Motor will increase prices across its model range with effect from April 1, 2021. The automaker said that the substantial increase in input costs for raw materials necessitated the price hike. However, Toyota did say that it has tried to absorb the cost increase and only a minimal portion will be passed on to customers. The rising input costs have been a steady concern for automakers as other brands have also announced price hikes from next month onwards. Toyota has not disclosed the quantum of the price hike and how it will affect each model in the company's line-up. The automaker's current portfolio starts with the Glanza premium hatchback, followed by the Urban Cruiser, Yaris, Innova Crysta, Fortuner, Camry and the Vellfire. Apart from Toyota, Maruti Suzuki India, Renault and Isuzu have announced price hikes from April.