Toyota, GM and Ford will increase India car prices
Super cars news integrated electric reported that as prices levels rise, Toyota , common, and Ford recent fourth increase India car prices.
The three vehicles in India Cheqi price to increase 0.5% to 3% (about 32-428 USD). Among them, Toyota Innova price will rise about 214 USD; Corolla (Gallery Forum) Altis price to increase 1.5% (about us $ 321).
Deputy Managing Director of Toyota India Sandeep Singh said: "on the one hand because of the overall price levels rise, on the other hand because of the yen and the dollar continued strong, resulting in a rise in the cost of imported auto parts, so we have to raise the price of the car. ”
In June, India car sales up 31% year-on-year. India Automobile Manufacturers Association is expected for the year 2011, India car sales will exceed 170 million units.
(Super car network)