Toyota Kirloskar Motor announced an increase in prices of its key models, effective October 1, 2010. The price increase of the Innova, Corolla Altis and Fortuner will be upto 1.50 per cent.The price of the Toyota Innova will increase by Rs. 10,000 to Rs. 17,000. The Corolla Altis on the other hand will also see a rise in price of Rs. 10,000 to Rs. 14,000 and the Toyota Fortuner will be witness to a price hike of around Rs. 29,000.
The price hike does seem to be across the board when it comes to car manufacturers in India. We will hopefully notice a wave of change in the sales of these cars. But then again lets hope for the best.