The new India Union budget for this year 2010 lists a number of materials with increased taxes including steel, rubber and others, which is invariably forcing all the automobile manufacturers to increase prices of their products.
BS IV Norms implementation has taken effect since last Thursday with stricter rules and regulations for every major auto firm to be followed and is supposed as another reason for price hike in the auto sector. Maruti Suzuki was the first one to revise the prices of all its cars like A-Star, Ritz, Swift, Swift Dzire etc and now Toyota has turned up with new price tags for its all time favorite products – Innova, Corolla Altis and Fortuner.
The new emission norms leaves every car manufacturer with no option but to upgrade the current engines and upgradation does incur some additional cost which will now come added to the previous prices.
Toyota Innova, Corolla Altis And Fortuner Price Hike Details
- Toyota Corolla Altis cost increased by Rs18900
- Toyota Innova cost increase by Rs 16000
- Toyota Fortuner price hike of Rs 30500
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this was inevitable… prices had to increase… other carmakers are soon to join this train of price-hiking… with increase in road tax (which is due) prices are bound to increase further…!!!
Want to know the launch of altis diesal in India.
From 1st October 2010, Toyota has again increased the price of Fortuner by Rs 30000
This is the second price hike in a year. No good reason from Toyota for this price hike.