If you have a plan to buy a new four wheeler, you have to increase your budget a bit. Because Toyota Kirloskar Motor (Toyota Kirloskar Motor) has decided to increase the price like other car companies in India. Toyota is going to increase the prices of their cars from the first day of next month i.e. April 1. However, the rate of increase is very low. The prices of certain variants of select models are being hiked by only 1%.
Toyota to hike car prices in India from April 1
Toyota has blamed the increase in input costs and accessory costs for the price increase. The Japanese company is going to hike the price for the second time this year. January, 2024 – The company hiked the prices of all these cars. Inflation steep Toyota cars again.
The vehicles expected to be affected by the price hike are – Toyota Fortuner, Hilux, Innova Hycross, Innova Crysta, Urban Cruiser Hyrider and Glanza. In an official statement, Toyota said, “Toyota today announced plans to increase the price of Kirloskar Motors. From April 1, 2024, the prices of certain vehicles are being increased. The move is to increase input costs and operating costs.”
Other automobile companies besides Toyota and Hyundai are expected to follow the price hike path at the start of the new financial year. Note that currently Toyota has started preparations to bring the rebadge model of Maruti Suzuki Fronx. The company will launch the Urban Cruiser Taisor on April 3. On the other hand they will bring a new variant of Innova Hycross GX(O). The model has already been registered on the brand’s website.
