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Our Bureau

Bangalore , Dec. 6

Toyota Kirloskar Motor (TKM) is considering an increase of up to 2 per cent in prices of Innova, Corolla, Camry and Prado.

"This increase has been necessitated in spite of the several cost adjustments that we had done this year across all our products. Input costs have been rising over the year and we have been accommodating them till now. However, we are now forced to pass on a portion of the increase to the customers. The exact quantum of the increase is yet to be finalised, it could be between 1 per cent and 2 per cent of the vehicle cost," the Toyota Kirloskar Deputy Managing Director, Mr K.K. Swamy, said in a press statement.

Toyota Kirloskar has sold over 44,500 vehicles this year with the Toyota Innova accounting for over 36,500 units. The Toyota Corolla has sold nearly 7,000 units while fully imported vehicles Camry and Prado sold over 1,100 units.

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