Toyota will improve the costs of choose fashions within the Indian market from May 1, 2022. In line with an announcement launched by the Japanese carmaker, its Glanza premium hatchback and Urban Cruiser Sub-Compact SUV will grow to be costlier by 2 p.c relying on the mannequin and variant. Nevertheless, the corporate is but to disclose the quantum of the value hike that these fashions will witness subsequent week.
Toyota Glanza (Picture Credit: Toyota India)
Aside from these two fashions, the costs of different fashions will stay unchanged. The corporate has attributed a rise in rising enter prices as the first purpose for the hike in pricing. It goals to partially offset the prices by passing it to the purchasers.
It is going to be Toyota's second value hike in two months because the model revised costs final month by as much as 4 p.c on its complete automobile. It is value noting that each Glanza and Urban Cruiser are badged variations of the Maruti Baleno and the Maruti Vitara Brezza. These fashions are provided by Maruti Suzuki India to Toyota below a partnership that these manufacturers had penned in 2018.
(The above story first appeared on LatestLY on Apr 29, 2022 11:01 PM IST. For more news and updates on politics, world, sports activities, entertainment and life-style, go online to our web site latestly.com).