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Toyoto cars to cost more

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Japanese auto major Toyota will hike prices of its vehicles across all models in India by up to 3 per cent from January to offset rising input costs and unfavourable foreign exchange fluctuation.

The company, which is present in India through a joint venture with the Kirloskar group —Toyota Kirloskar Motor (TKM) — is, however, yet to finalise the details on the quantum of hike on individual models.

“We have been holding back a price hike and absorbing for a long time, but input costs,...

Toyoto cars to cost more

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