Toyota Kirloskar to hike vehicle prices from January

The price realignment is necessitated on the back of sustained increase in input costs including raw materials, the company said in a statement.

Published: 15th December 2021 01:40 PM  |   Last Updated: 15th December 2021 01:40 PM   |  A+A-

Toyota logo

Toyota logo (Photo | AP)


NEW DELHI:  Toyota Kirloskar Motor (TKM) on Wednesday said it will increase prices across its entire product portfolio from January, in order to offset the impact of rise in input costs.

The company sells a range of models including Glanza, Urban Cruiser, Innova Crysta and Fortuner in the domestic market.

"The price realignment is necessitated on the back of sustained increase in input costs including raw materials.

All efforts have been made to ensure that the impact of the cost increase has a minimum effect on our esteemed customers," TKM said in a statement.

Already, various companies including Maruti Suzuki, Tata Motors and Honda Cars have indicated that they would be increasing prices from next month.

Cost of various essential commodities like steel, copper, aluminium and precious metals have gone up over the last one year.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp