Diabytes
Toyota cars to be more expensive from April 1, automaker announces 4 per cent price hike
Following the price hike by German automakers like BMW and Mercedes, Toyota Kirloskar Motors have announced to increase prices of their models like Toyota Fortuner, Innova Crysta and others.
- The price will be effective from April 1
- The hike comes as a result of rising input costs
- Earlier, BMW announced a 3.5 per cent hike
Trending Photos
8- 10
- 11
- 8
 "Toyota cars to be more expensive from April 1, automaker announces 4 per cent price hike"){kind=logo}
Image for representation Japanese automaker Toyota Kirloskar Motor has announced a price hike for its model line-up in India. A price hike of 4 per cent will be seen starting from April 1. The hike comes as a result of rising input costs.
The company, which sells models like Fortuner and Innova Crysta, noted that prices are being hiked due to the rising input cost, 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, it said in a statement.
Also read: Mumbai Police to shut traffic this Sunday in city for few hours, here’s why
On March 25, BMW India announced to hike product prices by up to 3.5 per cent from next month. Besides, other luxury carmakers like Audi and Mercedes-Benz also plan to hike prices from April 1.
With inputs from PTI
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Live Tv
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
 "DNA: Who got superstar Allu Arjun arrested?")
 "DNA: US announces 100-point plan for Islamophobia")
 "DNA: Revelation! Were rioters outsiders in Sambhal?")
 "DNA: Why Muslims in UP Tracing Their Hindu Roots?")
