Toyota Kirloskar Motor, running the show in Indian automobile market, is on the verge of hiking the price of its premier models by 1.5 – 2%. Slated from January 2010, the rise is the outcome of higher input costs, unpleasant exchange rates which the company feels unsuitable for its business. The most targeted cars will be Innova, sedan Corolla Altis, and Fortuner. A relief is the appreciation of Yen against the rupee- 8.7%- during the period of June-November.
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