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Toyota Kirloskar Motor weighs passenger vehicle price hikes as input costs rise; no revision confirmed yet
Our read
Toyota Kirloskar Motor more likely than not raises prices on some passenger vehicles, selectively and in stages, rather than across the whole range at once.
For operators
Toyota Kirloskar Motor is assessing rising supply-chain input costs before deciding on passenger vehicle price hikes in India, so dealers and auto retailers should expect possible repricing but plan on no confirmed change yet.
Watch
A confirmed Toyota Kirloskar Motor price increase before the festive season would mean input costs are being passed on, and rivals and dealers are likely to follow.
Ask next
How are Toyota Kirloskar Motor's rivals pricing right now?The report,
Toyota Kirloskar Motor is evaluating rising input costs across its supply chain before deciding on possible price hikes for its passenger vehicles in India. No price revision has been confirmed yet.
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Reported figures
From the report. Source details below
- Toyota Kirloskar Motor signals potential price hikes amid rising input costs
- The automaker is evaluating cost increases across its supply chain before deciding on potential price hikes
What to track next
- Dealer circulars or revised price lists showing which models are affected
- Rivals announcing their own passenger vehicle price revisions
- Movement in commodity and component costs cited by automakers
- Booking and waiting-period trends on Toyota's popular models
The source
Published
First seen