Japanese auto giant has declared a 1% hike in the prices of its popular and selective models. This immediate increase in auto prices from Toyota is a way to counter the depreciation in rupee value.
Toyota’s selective cars will comes with a new enhanced price tag. Now the diesel variant of sedan Etios and MUV Innova is costlier by 1% while other models such as Fortuner and Etios Liva diesel have attracted a hike of 0.5%, mentioned by Mr. Singh. The price increase is applicable from 1st June onwards.