Since January 1, 2019, many prominent companies are planning to hike prices for cars and utility vehicles. The rise in construction costs and the rupee depreciate is seen as the reason for rising prices. Toyota and Ford will be hiked from January. All models of Toyota have been increased from January 1 to 4 percent. Ford is expanding from one percent to three percent. BMW is also considering a four percent price rise. Other car manufacturers are also expected to add value.