India, March 28 -- Toyota Kirloskar Motor has announced that the automaker will be increasing the prices of select models from April 1, 2024. The company is set to increase prices by up to one per cent on certain variants of the select cars and attributed the inflating prices to escalating input costs and operational expenditures.

This will be Toyota's second price hike this year, having increased prices across its range in January 2024. The company joins Honda Cars India, which will also hike prices across its lineup from next month onwards. While the price hike may seem minimal, it is expected to affect the Toyota Fortuner, Hilux, Innova Hycross, Innova Crysta, Urban Cruiser Hyryder and Glanza.

In a statement, the automaker said, "Toy...