Bangalore: Toyota Kirloskar Motor (TKM) today
announced its plans to hike prices of its key models --
Innova, Corolla Altis and Fortuner -- in the range of 1.5 per
cent - two per cent from January one.
"So far, we have absorbed the increase in total costs -
owing to the unfavourable exchange rate and increasing input
costs. However, we are compelled to pass on, a part of it, to
the customer", TKM's Deputy Managing Director Sandeep Singh
said in a statement here.
PTI
First Published: Tuesday, December 01, 2009, 19:48