Toyota mentioned in an announcement on Saturday that the newest hike is important on account of value overruns. Other than the Glanza, the Japanese carmaker sells six fashions within the Indian markets together with Fortuner, Innova Crysta, Camry, Vellfire and City Cruiser.

By :
HT Auto Desk

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Revised:
26 March 2022, 12:23 PM


Toyota not too long ago launched the 2022 Glanza as its newest providing in India.

Toyota Kirloskar Motor has joined the checklist of automobile makers to extend the costs of their vehicles from subsequent month. The Japanese carmaker, which not too long ago launched the 2022 Glanza premium hatchback in India, has introduced a value hike of as much as 4 per cent throughout all fashions from April 1.

Toyota mentioned in an announcement on Saturday that the newest hike is important on account of value overruns. Other than the Glanza, the Japanese carmaker sells six fashions within the Indian markets together with Fortuner, Innova Crysta, Camry, Vellfire and City Cruiser.

In an announcement issued by Toyota, it has been mentioned that the enter value, together with uncooked supplies, has elevated in latest instances. “As a dedicated and customer-centric firm, TKM has made all aware efforts to attenuate the affect of rising prices on customers,” Toyota mentioned in its assertion.

Toyota Motor can be anticipated to launch a brand new mannequin in India very quickly. The Toyota Hilux pickup truck, which has already been unveiled by the carmaker on January 20 this yr, was to be launched in March. Nevertheless, the carmaker determined to cease taking bookings for the Hilux with out assigning any purpose. It appears that evidently the launch has additionally been postponed for a while. The carmaker is anticipated to announce the brand new dates quickly.

Toyota has change into the newest carmaker to affix the checklist of value hikers of its automobiles. BMW India on Friday introduced a hike in product costs by as much as 3.5 per cent from subsequent month. Different luxurious carmakers like Audi and Mercedes-Benz are additionally planning to hike costs from April 1.

First printed date: 26 March 2022 12:23 PM IST



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