Toyota pushes up prices for Innova, Altis

Toyota Kirloskar Motor has announced prices hikes in its cars from January 1. The Innova's price tag will go up between Rs 10,000- Rs 25,000 and the Corolla Altis by Rs 16,000-Rs 25,000.

According to Sandeep Singh, deputy managing director, marketing, TKM, “Due to circumstances beyond our control, such as the increase in the rupee and others, we have been forced to increase the price of our vehicles. However, TKM has tried to absorb the price increase as much as possible, limiting the increase to the customer”.