Auto Car companies announce increase in prices despite a dull festive season Updated : November 29, 2018 11:41 AM IST Toyota, on Tuesday announced that it will increase the prices of vehicles across models by up to 4 percent from January 1. Another auto major Mahindra and Mahindra announced increase in the price of its newly launched Marazzo but did not explicitly mention the reason. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.