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Sept 14, 2016  :  Toyota has announced that it will revise the price list of its offerings in India, which could see a price hike by up to 3 per cent across its product portfolio. The prices will come into effect either by the end of September 2016 or early October 2016. N Raja, Director and Senior Vice President, Toyota Kirloskar Motor, reportedly said, “There has been increased pressure due to appreciation of yen and dollar. Besides, steel costs have gone up by 15 per cent and we import components from Thailand and Japan. We have been absorbing the cost but we will be reviewing it soon.” Read More Read Less

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