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Toyota Kirloskar Motor is all set to hike the prices of its entire model range from April 1 onwards. The automaker will be increasing the price by up to 4 percent. The main aim behind this is the rising input cost including that of raw materials. The company is further making all conscious efforts to minimize the impact of rising costs on the consumers.
Currently, Toyota’s portfolio comprises the newly launched Glanza, Innova Crysta, Fortuner, Urban Cruiser, Camry, and Vellfire. The brand has halted the bookings of Hilux in the country due to the overwhelming response. Besides that, Toyota is yet to announce the price of the car.
By 2030, Porsche wants to replace 80 percent of its gasoline-powered models with electric ones, leaving just the classic 911 model with internal combustion.
Read MoreLectrix EV, SAR Group's electric mobility business, debuted two electric scooters in the Indian market on Wednesday: the LXS G2.0 and the LXS G3.0. These scooters, which are priced at 1 lakh each, are said to include several segment-first features. These include, among other things, 36 safety features, 24 smart features, and 14 comfort features.
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