New Delhi, Dec 15 : Automobile manufacturer Toyota Kirloskar Motor on Wednesday said the company will raise prices of its models.
Accordingly, the price realignment will take effect from January 1, 2022.”The price realignment is necessitated on the back of sustained increase in input costs including raw materials,” the company said in a statement.”All efforts have been made to ensure that the impact of the cost increase has a minimum effect on our esteemed customers.”Several other companies have also said that they will raise prices effective January 1, 2022.rv/dpb
Toyota Kirloskar Motor to raise prices from Jan 1
The price adjustment will be effective as of January 1, 2022. The company stated in a statement that the price adjustment was necessary due to the sustained rise in input costs, including raw materials.
We have made every effort to minimize the negative impact on our customers by increasing the price of goods and services.
Other companies also stated that prices will rise starting January 1, 2022.
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