Toyota cars in India to be pricier from October 1. Know why

Toyota Kirloskar Motor on Tuesday has announced that its cars will be pricier from October 1, 2021. The latest price hike decision comes after the automaker announced a price hike from August this year. The Japanese car brand claims that the latest price hike is necessitated to offset the increasing input costs.

By: HT Auto Desk
| Updated on: 28 Sep 2021, 12:49 PM
Follow us on:
Follow us on:
Toyota cars will be pricier from October 1, announced the auto company.
Toyota cars will be pricier from October 1, announced the auto company.

Also Read : Petrol, diesel prices go up in third straight hike. Check latest fuel rates

The automaker in an official statement has announced that the overall price hike has been tapered down considering the impact on its customers. The latest hike comes right after the auto company has announced the discontinuation of its Yaris sedan.

The price hike also comes right ahead of the upcoming festive season, which is considered to be the best selling phase for the automakers in India. The skyrocketing price of petrol and diesel too is impacting the vehicle sales alongside other reasons like the weak economy, job losses etc. In this situation, this price hike decision might impact the sales of the auto company.

Also check these Cars

Find more Cars
Toyota Glanza (HT Auto photo)
₹ 7.18 - 9.45 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Explore your Vehicle
Toyota Camry (HT Auto photo)
₹ 39.41 - 41.20 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Toyota Belta (HT Auto photo)
UPCOMING
₹ 10 Lakhs *Expected Price
View Details
Mahindra Thar (HT Auto photo)
₹ 10.98 - 16.94 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Tata Nexon (HT Auto photo)
₹ 8.10 - 13 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Tata Harrier (HT Auto photo)
₹ 15.49 - 26.44 Lakhs* *Ex-showroom price
Add to compare
Check latest offers

In 2021, like several other automakers, Toyota Kirloskar Motor has announced a price hike multiple times. In late July, the car brand announced a price hike for its flagship model Toyota Innova Crysta by up to 2%, which became effective from August 1, 2021. The price surge was attributed to the increased raw material costs and hike in production costs. Prior to that, the Toyota Innova Crysta had witnessed another price hike of up to 29,000 in April 2021.

This year has already witnessed multiple price hikes from various automakers including Tata Motors, Maruti Suzuki, Honda Cars India etc.

Tata Motors announced a price hike for its passenger vehicles in August by around 0.8 per cent on average. Tata also increased the prices of its vehicles by up to 1.8 per cent earlier. Prior to that, in January 2021, the prices of Tata cars were increased by up to 26,000. Honda cars India too increased the pricing of its vehicles in February, April and August again.

First Published Date: 28 Sep 2021, 11:05 AM IST
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
64% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 699 Rs. 1,939
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299
SHAYONAM Dent Removal Kit - Powerful Car Dent Repair Kit - Suction Cup Dent Puller Handle Lifter and Dent Repair Puller for Car Body Dent, Glass, Tiles and Mirror (Plastic)
Rs. 399

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.