TOYOTA can even enhance the costs of its chosen autos from April 1, understand how a lot would be the enhance – India TV Hindi

Toyota Kirloskar Motor on Thursday introduced that the corporate is planning to extend the costs of some grades of its choose fashions from April 1, 2024. The corporate has mentioned that this enhance will likely be 1%. Toyota has cited rising enter prices and working bills as the explanation for the value hike. TKM sells a variety of autos, from the hatchback Glanza to the premium SUV Fortuner, with costs ranging between Rs 6.86 lakh to Rs 51.44 lakh.

Kia India has additionally introduced

A number of days in the past, Kia India has additionally introduced a rise of as much as 3 p.c within the costs of all its automobiles from April 1, 2024. Earlier than this, Maruti Suzuki has additionally elevated the costs of all of the fashions this yr. The brand new costs are relevant from January 16, 2024. Maruti Suzuki India (MSI) sells many common automobiles from Alto to Invicto. Their value ranges between Rs 3.54 lakh to Rs 28.42 lakh (ex-showroom).

Wholesale gross sales of passenger autos elevated

Wholesale gross sales of passenger autos in India elevated by 11 p.c on an annual foundation in February. In line with trade physique SIAM, auto corporations shipped a complete of three,70,786 passenger autos to sellers final month, whereas the determine was 3,34,790 models in the identical interval a yr in the past. All car corporations say that fluctuations in international alternate charges, The price of automotive manufacturing has elevated because of many elements like rising costs of uncooked supplies and general inflation. Due to this there may be stress to extend costs.

Tata Motors reported 19 per cent year-on-year progress in passenger automobile (PV) gross sales in February, up from 12 per cent progress in January, whereas Toyota’s Indian unit posted file gross sales of 25,220 models for the second consecutive month. Entered.

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