In a recent development, Toyota India has implemented a marginal price revision for its Glanza hatchback in February 2024. The price hike, amounting to Rs. 5,000, is applicable exclusively to the manual variants of the Glanza, while the automatic trims remain unaffected. This move positions the Glanza at a starting price of Rs. 6.86 lakh (ex-showroom), reflecting a strategic adjustment in response to market dynamics.
Selective Price Adjustment
- The price increase of Rs. 5,000 is limited to the manual variants of the Toyota Glanza.
- Automatic trims, including S, G, and V variants, maintain their existing price points.
Manual and Automatic Variants
- The Glanza is offered in four variants: E, S, G, and V.
- Manual variants, both in petrol and CNG options, have witnessed the Rs. 5,000 price increment.
- Prices for automatic trims (S AMT, G AMT, V AMT) remain unchanged.
Petrol and CNG Powertrain Options
- The Glanza is equipped with a 1.2-litre naturally aspirated petrol engine.
- Transmission options include a five-speed manual gearbox and an automatic (AMT) unit.
- Additionally, the Glanza is available with a CNG powertrain, contributing to fuel flexibility.
Uniform Price Increment
- The Rs. 5,000 price hike is consistent across all manual variants.
- The incremental adjustment aims to balance market conditions and maintain competitiveness.
Variant-Wise Prices (Ex-showroom)
- E: Rs. 6.86 lakh
- S: Rs. 7.75 lakh
- S AMT: Rs. 8.25 lakh
- G: Rs. 8.78 lakh
- G AMT: Rs. 9.28 lakh
- V: Rs. 9.78 lakh
- V AMT: Rs. 9.99 lakh
- S CNG: Rs. 8.65 lakh
- G CNG: Rs. 9.68 lakh
Toyota's decision to implement a modest price hike for the Glanza's manual variants in February 2024 is a strategic move aimed at maintaining a balance between market dynamics and consumer expectations. The Glanza, known for its collaboration with Maruti Suzuki's Baleno, continues to offer a compelling package with both petrol and CNG options. This pricing adjustment reflects the brand's agility in responding to market changes while ensuring its competitive positioning in the hatchback segment.