Toyota Kirloskar Motor (TKM) has revealed that it will increase the prices of its model range with effect from 1 April, 2024. This will be the second hike from the automaker as the first revision took place in January this year.
According to Toyota, the prices will be hiked due to escalating input costs and operational expenditures. Apart from Toyota, Honda Cars India and Kia India will also increase the prices of their models, with other brands expected to join this bandwagon in the coming days.