Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
News18 » Auto
1-min read

Toyota To Hike Prices Of Vehicles Across Models By Up To 4% From January 1

There has been an impact in the cost of manufacturing of vehicle primarily due to rupee depreciation.

PTI

Updated:November 27, 2018, 12:30 PM IST
facebookTwitterskypewhatsapp
toyota fortuner, toyota, fortuner, toyota fortuner 2017, toyota fortuner review, 2016 toyota fortuner, 4x4, toyota fortuner vs ford endeavour, toyota fortuner 2016, toyota fortuner test drive, new toyota fortuner 2017, toyota fortuner (automobile model), toyota fortuner diesel, toyota fortuner india, 2017 toyota fortuner, review, diesel, test drive, fortuner price, fortuner vs endeavour, new fortuner, fortuner 2017, 2017 fortuner
Toyota Fortuner. (Image: Siddharth Safaya/ News18.com)
Loading...

Toyota Kirloskar Motor Tuesday said it will increase prices of its vehicles across models by up to 4 percent from January 1, 2019, to offset increased manufacturing costs due to rupee depreciation. The company considered the price hike after periodically reviewing the continuous pressure of increasing manufacturing costs, which is also a general industry phenomenon, Toyota Kirloskar Motor said in a statement. There has been an impact in the cost of manufacturing of vehicle primarily due to rupee depreciation," the company said. Toyota has been absorbing the additional costs all this while, protecting the customers from the price increase, it added.

Vote Now! Tech And Auto Awards 2018 is here. Click here to vote for your favourite gadgets and cars.

"However, due to the continued pressure of high costs, we have to pass on a part of it to customers. Toyota is considering a price increase of up to 4 percent across models with effect from January 1, 2019," it said.

The company currently sells a range of vehicles starting from hatchback Liva to luxury SUV Land Cruiser, which are priced between Rs 5.25 lakh and Rs 1.41 crore.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Ayushmann Chawla
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results