Toyota car prices hiked with effect from July 5

Toyota hasn't revealed the quantum of the price hike or the revised prices of its models.

Toyota has announced a price hike across its models. The revised prices have come into effect from July 5, 2023.

Toyota hasn't revealed the quantum of the price hike or the revised prices of its models. The company did mention in its statement that the reason for the hike is the rise in input costs.

Toyota's official statement on the recent price hike:

"Toyota Kirloskar Motor (TKM) today announced that the company has realigned the prices of its models with effect from 5th July 2023. The increase was necessitated to partially offset the rising input cost. As a customer-centric company, we remain committed to cater to the ever-evolving needs of the market and all efforts have been made to ensure that the impact of the cost increase passing on to our customers is minimum."

Toyota's product portfolio includes the Glanza, Urban Cruiser Hyryder, Innova Crysta, Innova Hycross, Fortuner, Legender, Camry and the Vellfire premium MPV.