Toyota Kirloskar to raise prices by up to 4% from April
The Hindu
New Delhi Automaker Toyota Kirloskar Motor on Saturday said it would increase prices of its entire m
Automaker Toyota Kirloskar Motor on Saturday said it would increase prices of its entire model range by up to 4% from April 1 to offset the impact of rising input costs.
The company, which sells models like Fortuner and Innova Crysta, noted that prices were being hiked due to the rising input costs, including raw materials.
As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers, the company said in a statement.
On March 25, BMW India announced to increase product prices by up to 3.5% from next month.
Besides, other luxury carmakers like Audi and Mercedes-Benz also plan to hike prices from April 1.
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