The price hike comes in effect due an marked increase in input cost. The automaker has stated that it has tried to keep to the hike as low as possible. Read on for the full story.
Toyota Kirloskar Motors has stated that they will increase the prices of its vehicles from the 1st of April, 2021. The price hike is due to a “substantial” rise in input costs, the automaker claims. Toyota’s current Indian lineup consists of the Yaris, Glanza, Urban Cruiser, Camry, Innova Crysta, Fortuner, Fortuner Legender, and the Vellfire.
Toyota said in an official statement, "Toyota Kirloskar Motor today indicated that the company will realign the prices of its models, with effect from April 1, 2021. This increase is necessitated to offset the substantial increase in input costs," It further added, "During such testing times, it has been our endeavour to absorb cost increases through our internal efforts, and only a minimal portion will be reflected onto the prices. As a customer-centric company, we reinforce our commitment to cater to the ever-evolving needs of our customers by consciously minimizing the impact of rising costs on consumers."
The Japanese auto giant recently launched the mid-life update for the Fortuner and has added the new Fortuner Legender flagship to the lineup as well. The SUV gets an updated exterior with refreshed LED headlights and DRLs, a new larger grille, a different front bumper, new 18-inch alloy wheels and new sleeker LED taillights at the rear. The interior gets a new 8-inch touchscreen infotainment system with inbuilt Android Auto and Apple CarPlay, an 11-speaker JBL audio system, 8-way adjustable and ventilated front seats and two new interior colour schemes.
Prices for the updated Toyota Fortuner range from Rs 29.98 lakh for the base rear-wheel-drive petrol and goes up to Rs 37.58 lakh for the new Fortuner Legender top variant. Do note all prices are ex-showroom. Powertrain choices include both petrol and diesel options. The petrol is a 2.7-litre N/A 4-pot engine which makes 165 PS/245 Nm of peak power and torque. The oil-burner is a 2.8-litre turbocharged unit that churns out max power and torque figures of 205 PS and 500 Nm. Transmission options include a 5 or 6-speed manual and a 6-speed automatic. The petrol versions are available in rear-wheel-drive variants only.