In a recent development in the Indian automotive industry, Toyota Kirloskar Motor (TKM) has announced its plans to increase prices across its lineup from October 1, 2021. The price hike is said to be in the range of 2-3%, varying depending on the model and variant. This decision comes as a result of the rising input costs, including raw materials, transportation, and other expenses. The company has assured that it will make all efforts to minimize the impact on customers and will continue to offer the best value and service. TKM currently offers a range of vehicles in the Indian market, including popular models like the Innova Crysta, Fortuner, Glanza, and the recently launched Urban Cruiser. The price increase is expected to help the company offset some of the increased operational costs. Customers who have been planning to purchase a Toyota vehicle may want to consider doing so before the price hike comes into effect to save on costs. This move by TKM follows similar decisions made by other automakers in India who have also announced price hikes to cope with the economic challenges facing the industry. As the automotive market in India continues to evolve, customers can expect more such price adjustments in the future. It is advisable for prospective car buyers to stay updated on these developments to make informed decisions. With the festive season approaching, car manufacturers are gearing up to attract customers with new launches, discounts, and offers. Amidst these market dynamics, Toyota’s decision to raise prices reflects the current economic realities and the need for sustainability in the industry. For more information on the specific price changes for each model and variant, customers can contact their nearest Toyota dealership or visit the company’s official website.