October 1st has not brought good news car buyers. Several manufacturers are planning for the price hike and few have already announced it. Toyota which sells Corolla Altis, Innova,Fortuner and Land Cruiser has increased the prices of its models owing to the rise in prices of raw materials. The key note here is traditionally the manufacturers used to announce discount to tap the festive demand (Dussera and Diwali). But this time manufacturers have done the opposite
* Prices of Corolla Altis is increased in the range of Rs10,000- Rs14,000
* Innova prices are up by Rs10,000 t0 Rs17,000 (depending on the model)
* Muscular Fortuner price hiked by upto Rs29,000