Toyota cars to cost 1% more from April 1, 2024

The exact quantum of the price hike for every model will be clear in the coming days.

Toyota has announced that it plans to increase the prices of its models by 1% from April 1, 2024.

According to the company, the latest price hike can be attributed to rising input costs and operational expenditures. The exact quantum of the price hike for every model will be clear in the coming days.

Official statement:

“Toyota Kirloskar Motor today announced that the company is planning to increase the prices of certain grades of its specific models effective April 01, 2024. With an anticipated 1% increase, the move is attributed to escalating input costs and operational expenditures."

Toyota currently offers a range of models, from hatchbacks and sedans to MPVs and SUVs. The line-up includes the Glanza, Rumion, Urban Cruiser Hyryder, Innova Crysta, Innova Hycross, Hilux, Fortuner, Camry, Vellfire and the Land Cruiser 300.