Raw material prices force Toyota India to hike vehicle prices  [ India ]

In a December 5 press release, Toyota Kirloskar Motor announced that it will increase prices of its vehicles in India by 3% effective January 1, 2017 owing to continued pressure of high costs and foreign exchange rates. There has been an increase in pricing of raw material commodities like steel, aluminum, copper and rubber over a period of the last six months, leading to a ...
<Dec 05, 2016>