Construction costs rose; New price for Toyota vehicles from October 1

Automobile 2021-09-30

newsteamz_Construction costs rose; New price for Toyota vehicles from October 1
  • Toyota, one of India's leading automakers, has reportedly decided to raise the price of its vehicles.

  • Toyota has announced that it will increase the prices of all its vehicles in India from October 1.

  • Toyota, however, did not say what percentage price increase it would make.

Toyota, one of India's leading automakers, has reportedly decided to raise the price of its vehicles. Toyota has announced that it will increase the prices of all its vehicles in India from October 1. Toyota, however, did not say what percentage price increase it would make.

Toyota's explanation for the increase is that it has been forced to raise prices due to rising manufacturing costs. Toyota said in a statement that the price may vary depending on the model and variant.

Toyota Kirloskar has announced that it intends to increase the cost of manufacturing materials for vehicles, but this will not completely affect consumers. Manufacturers of vehicles such as Maruti Suzuki, Tata Motors, and Volkswagen have also announced price hikes following the rise in prices of construction materials.

Tags toyota price increase 2021 price increase of cars in 2021 will car prices increase in 2021 in india hyundai car price hike in 2021 toyota exchange offer 2021 innova crysta 2021 price toyota innova price car price hike in april 2021