Following Honda, Toyota has announced hike in prices of its models – corolla altis and Innova. While the Innova prices goes up in the range Rs10000 to Rs50000 depending on the variants, the prices of corolla altis goes up between Rs10,000 to Rs50,000. “So far, we have tried to absorb price increases (input costs) as much as possible, in order to limit the increase passed on to the customers. “However, due to unavoidable reasons such as recent changes in the rupee/dollar and yen/dollar exchange rate, we are now required to make necessary revisions in pricing,” Toyota Kirloskar Motor Deputy Managing Director (Marketing) Sandeep Singh.