Toyota Etios price to remain same

Toyota Kirloskar Motors India has increased the prices for its cars by Rs 20,000, however, has left Toyota Etios the most desirable car. Probably the effect is due to high fluctuation felt in yen which has affected the prices.

Toyota Motors has not reasoned the hike however it is being highly speculated to be the increase in the yen. The Japanese auto company did not raise the price of Toyota Etios because the car's transmission and engine is produced in Bidadi plant. It is the reason given why the Island nation's car firm has not raised the car prices.

The another reason of not increasing the price of Toyota Etios is also that the strong customer base has been able to achieve due to pricing. Already the delay in delivering the sedan is too long and later if the prices will be increased they will lose on there customer base.

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This seems to be a very difficult moment as the petrol prices are increasing every fortnight, it is being difficult for every car manufacturer to keep there car running on the Indian roads. The CKD duty is also a big reason as the rates changed to 30 per cent from 10 per cent for Gearboxes and Engines.

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Lets look at the new price hike on Toyota car models. Toyota Innova, the MPV will add Rs 12,557 to Rs 18,424 in its price, the diesel version of Toyota Corolla Altis will be costlier by Rs 14,100 to Rs 17,700 while the petrol version of Toyota Corolla Altis will raise by 10,400 to Rs 14,500 and the super savvy SUV Toyota Fortuner will be adding Rs 20,000 in its price.