Toyota Kirloskar Motor announces hike in prices of some of its products with effect from April 1

BENGALURU: Toyota Kirloskar Motor (TKM) today announced that it will increase prices of some of its products with effect from April 1, 2019.

TKM Deputy Managing Director N Raja in a statement here on Friday said that “Toyota Kirloskar Motor will increase the prices of some of its products effective April One.”

“We have been incurring additional costs through a bouquet of cost reduction measures including refinement in production process. However, considering the trend of continuous increase, we are constrained to pass on a small portion to the customers. The company will continue its efforts to contain costs and offer the best value to our loyal customers,” he added. (AGENCIES)

LEAVE A REPLY

Please enter your comment!
Please enter your name here