As reported earlier, Toyota has officially announced the hike in prices of Innova and Corolla altis. While the prices of Innova MUV goes up between Rs 10,000 and 25,000, the price of recently launched Corolla Altis is increased between Rs.16,000 to 25,000 depending on the variants. Toyota Kirloskar Motor officials have stated that they have done their best to reduce the burden on the customer and have tried to absorb a certain amount of this increase internally.