Toyota has announced a price hike on all of its products in India, except the Camry Hybrid and Vellfire. The Yaris's prices have been increased the most, as certain variants are now dearer by up to Rs 1.68 lakh!
If you had been waiting for the lockdown to end to purchase a new Toyota vehicle, there’s some bad news. Toyota has announced a steep price hike across its model range in India, with effect from June 1, 2020. All its models, including Glanza, Yaris, Innova Crysta, and Fortuner, are now pricier than before. However, the Camry Hybrid and Vellfire remain unaffected by the current price hike.
In its official statement, Toyota said, 'Toyota Kirloskar Motors announces the realignment of prices across our models with a hike between 1 to 2 per cent. This increase is necessitated to partially recover the substantial increase in the cost of BS6 and the higher input costs on the back of the weak exchange rate. During such testing times, it has been our endeavour to absorb cost increases through our internal efforts and only a minimal portion has been reflected onto the prices. The increase in price is effective from June 1st, 2020.'
With the price hike, the Innova Crysta range now starts from Rs 15.66 lakh and goes all the way up to 23.63 lakh – this marks an increase of around Rs 30,000 – Rs 61,000 across all variants. The Innova Touring Sport has also received a similar hike, with its prices now starting at Rs 19.53 lakh and going up to Rs 24.67 lakh.
The Fortuner has received a price hike of Rs 48,000 across all variants. The Fortuner range is now priced between Rs 28.66 lakh and Rs 34.43 lakh.
The Glanza’s prices have been hiked by Rs 3,000 to a whopping Rs 25,000! While all the variants have received a price hike of Rs 3,000 – Rs 6,000, the G variant of the hatchback with SmartHybrid tech has received the maximum hike in its price – it’s now priced at Rs 7.47 lakh instead of the earlier Rs 7.22 lakh. The Glanza range is now priced between Rs 7.01 lakh and Rs 8.96 lakh.
The variants of the Yaris sedan are now costlier by Rs 10,000 to Rs 12,000, except the J and G variants. Both these variants have received a steep hike of Rs 1.68 lakh and 1.20 lakh, respectively. The Yaris range is now priced between Rs 8.86 lakh and Rs 14.30 lakh.
*All prices are ex-showroom, Delhi.