Toyota is not the first automaker to raise car prices in the new year. Maruti Suzuki, Audi, Mercedes Benz and others have announced price increases.
Toyota Kirloskar Motor has announced that it will raise the prices of its models effective January 1, 2022. Toyota is not the first automaker to raise prices of its vehicles in the new year. Maruti Suzuki, Audi, Mercedes Benz and others have announced price increases.
According to Toyota, the price adjustment is necessary due to the continuous increase in input costs including raw materials. The company also states that it has made all efforts to ensure that the impact of the cost increase will have minimal impact on customers.
For Toyota, cars like the Innova and Fortuner have always led in terms of sales. The Urban Cruiser has also been selling at a good rate and so has the Glanza. By 2022, we expect to see even more models from Toyota.
https://www.carandbike.com/news/toyota-to-increase-prices-of-all-its-cars-from-january-2022-2652343 Toyota raises prices of all its cars from January 2022