 "Toyota Kirloskar to increase vehicle prices by up to 4% from April")
Automaker Toyota Kirloskar Motor on Saturday said it will increase prices of its entire model range by up to 4 per cent from April 1 to offset the impact of rising input costs.
The company, which sells models like Fortuner and Innova Crysta, noted that prices are being hiked due to the rising input cost, including raw materials.
As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers, it said in a statement.
On March 25, BMW India announced to hike product prices by up to 3.5 per cent from next month.
Besides, other luxury carmakers like Audi and Mercedes-Benz also plan to hike prices from April 1.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app