Toyota raises price of flagship Crysta

Toyota Kirloskar Motor on Thursday announced a price increase up to 2% of its flagship product Toyota Innova Crysta effective August 1.

"This increase is necessitated to partially offset the substantial increase in input costs. The price increase has been tapered down considering the impact on our valued customers," the Bengaluru-headquartered automaker said in a statement.

"As a customer-centric company, we remain committed to cater to the ever-evolving needs and requirements of our customers by consciously minimizing the impact of rising costs on consumers," the statement added.