Toyota announces 3 percent price hike across model range

    The price increment will be effective from January 2018.

    Published On Dec 07, 2017 07:25:00 PM

    10,202 Views

    Toyota announces 3 percent price hike across model range

    Toyota Kirloskar Motor has announced it will increase the price of its vehicles by three percent. The price hike will be effective from January, 2018.

    The company has cited rising input and freight costs as the reason for this increase. Toyota is the latest carmaker in India to announce a price hike. So far, Skoda and Isuzu are the other manufacturers to implement a similar hike. Earlier, auto majors like Maruti Suzuki, Tata Motors and Mahindra & Mahindra had indicated a price increment of their products as part of its cyclical price revision.

    December, which is generally a slow month for sales, has seen carmakers advertise deals and discounts to lure buyers. Toyota too is offering attractive discounts with benefits of up to Rs 90,000, loans at a low interest rate of 4.99 percent, 100 percent on-road financing and special EMI packages under its ‘Remember December Campaign’. The offers are valid until December 31, 2017.

    Toyota Cars

    Copyright (c) Autocar India. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.34%

    Yes, but only if there is increased performance

     

    44.41%

    No, it's just a gimmick to increase the price

     

    29.39%

    It doesn't always work; just look at Tata JTP

     

    7.86%

    Total Votes : 1565
    Sign up for our newsletter

    Get all the latest updates from the automobile universe