Toyota Kirloskar Motor announces price hike effective 1 January, 2024
The price increase ranges from 0.5% to 2.5% on select models and variants.
4402 Views
Toyota Kirloskar Motor has announced a price hike, effective 1 January, 2024, in order to partially offset the rising input costs.
The price increase ranges from 0.5% to 2.5% on select models and variants.
"However, the overall price adjustment has been carefully moderated, taking into account a minimum impact on our esteemed customers," the company noted in a press release.
Toyota Kirloskar Motor joins a host of other companies that had announced price hikes, effective 1 January.
The company today also made additional organisational changes, the second one, in the span of a few days.
It also registered its best-ever annual sales in CY2023, at 221,356 units, on the back of sustained demand for its MPVs and SUVs as also the rebadged models like the Glanza, Urban Cruiser Hyryder and Rumion, ramped-up production and customer-friendly initiatives, which drove sales to an all-time high.
RELATED ARTICLES
TVS, TAFE Succession Lines Get Clearer
Autocar India
17 Mar 2025
Sudarshan Venu to remain in charge of TVS’ two-wheeler and finance businesses, with sister Lakshmi Venu getting charge o...
Gabriel India Announces Resignation of CFO Rishi Luharuka
Arunima Pal
17 Mar 2025
Luharuka cited his decision to pursue professional opportunities outside the company as the reason for his resignation.
Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India
Arunima Pal
17 Mar 2025
The Mercedes-Maybach portfolio in India now includes the S 680 Night Series, GLS 600 Night Series, EQS 680 Night Series,...
