Toyota has hiked the prices of almost all models effective from June 1, with models like the Innova Crysta and Fortuner seeing a hike of about half a lakh while some variants of the Yaris see a hike of above Rs 1 lakh.
Just yesterday we reported to you that Toyota has hiked the price of the Fortuner SUV by Rs 48,000. Now we have come to know that the price hike was not just for the Fortuner but most cars and SUV’s in the manufacturer’s lineup has been effected. These models include the Glanza, Yaris, Innova Crysta, Innova Touring Sport and the Fortuner and the hike has been effective from June 1, 2020. However, models like the Camry hybrid and the Vellfire remain unaffected from the hike in price.
In an official statement, Toyota said, “Toyota Kirloskar Motors announces the realignment of prices across our models with a hike between 1 to 2 percent. This increase is necessitated to partially recover the substantial increase in cost of BS6 and the higher input costs on the back of 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.”
These hikes are not just a minimal increase of a couple of thousands but extend up to over half a lakh. For example, diesel variants of the Toyota Innova Crysta and the Innova Touring Sport see a hike ranging from Rs 30,000 to as much as Rs 61,000. Meanwhile, the price of the petrol versions of both these models have been hiked in the range of Rs 30,000 to Rs 44,000 depending on the variant.
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Prices for the Toyota Innova Crysta thus now range between from Rs 15.66 lakh to Rs 23.63 lakh. Meanwhile, the Touring Sport variant, the prices now range from Rs 19.53 lakh to Rs 24.67 lakh. As for the Fortuner, the full-size SUV sees a hike of Rs 48,000 across all variants, irrespective of petrol or diesel. Prices for the Fortuner thus now starts at Rs 28.66 for the base petrol-manual rear-wheel drive variant and goes up to Rs 34.43 lakh for the top-end diesel-automatic four-wheel drive variant.
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Now coming to smaller cars in Toyota’s lineup, the Glanza sees the least hike in its price with the amount ranging from Rs 3,000 to Rs 6,000. With revised prices, the Glanza is now available from Rs 7.01 lakh to Rs 8.96 lakh. As for the Yaris sedan, while most variant see a hike ranging from Rs 10,000 to Rs 12,000, the J and G trims are pricier by Rs 1.68 lakh and Rs 1.2 lakh, respectively. The Yaris is now priced between Rs 8.86 to Rs 14.30 lakh. All prices are ex-showroom Delhi.
