Business

Toyota, Skoda, Tata Motors hike prices, others finalising

PTI

After most of the carmakers having induced customers to buy cars last month with an impending price hike from January, only Toyota Kirloskar Motor, Tata Motors and Skoda have so far increased the prices of their vehicles by up to Rs 33,000.

Auto makers including Maruti Suzuki, Hyundai, General Motors India, Renault, Nissan, Honda, Mercedes-Benz and BWM, had all announced that they would increase prices of their vehicles from this month citing rising input costs.

When contacted, Toyota Kirloskar Motor confirmed increase in prices of its different models.

The company said its popular multi-purpose vehicle Innova will be costlier by Rs 14,000 with its price starting at Rs 10.86 lakh.