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Toyota to Increase Prices by 4% from January 2019

Toyota car prices to shoot upto 4% effective from January 01, 2019. Pressure of increasing manufacturing costs led to this decision.

Chethan Thimmappa by Chethan Thimmappa
November 27, 2018
in Cars, Toyota
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Toyota Kirloskar Motor likely to increase the prices by up to 4% effective from January 01, 2019. The company considered the price hike after periodically reviewing the continuous pressure of increasing manufacturing costs, which is also a general industry phenomenon.

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There has been an impact in the cost of manufacturing of vehicle primarily due to rupee depreciation. Toyota has been absorbing the additional costs all this while, protecting the customers from price increase. 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 upto 4% across models with effect from 1st Jan 2019. We would like to express our gratitude to our valued customers for the never ending trust and loyalty towards Toyota Products

Toyota products are backed by a unique combination of Toyota’s Global Promise of Quality, Durability & Reliability (QDR) offering best in class quality, unbeaten safety features, comfort, fuel economy and low cost of maintenance. The company has been constantly striving to offer the best services to enhance customer delight over the years.

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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

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