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2023 Toyota Hilux, Fortuner, Hiace also see price increments; circa RM 3k to RM 5k

Sanjay · Jan 4, 2023 04:37 PM

2023 Toyota Hilux, Fortuner, Hiace also see price increments; circa RM 3k to RM 5k 01

A majority of Toyota models see a price revision today, and it continues with these ladder-frame trio: the Hilux, Fortuner, and Hiace all see an increase of RM 3,000 to RM 5,000.

2022 Toyota Hilux new prices (4WD)
Variant Price
S/Cab 2.4 MT RM 98,800 (up RM 3k)
D/Cab 2.4E MT RM 112,880 (up RM 3k)
D/Cab 2.4E AT RM 114,880 (up RM 3k)
D/Cab 2.4V AT RM 139,880 (up RM 3k)
D/Cab 2.8 Rogue AT RM 152,880 (up RM 3k)

2023 Toyota Hilux, Fortuner, Hiace also see price increments; circa RM 3k to RM 5k 02

2023 Toyota Fortuner prices
Variant Price
2.4 AT RM 184,880 (up RM 5k)
2.7 SRZ AT RM 191,880 (up RM 5k)
2.8 VRZ AT RM 225,880 (up RM 5k)

2023 Toyota Hilux, Fortuner, Hiace also see price increments; circa RM 3k to RM 5k 03

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2023 Toyota Hiace prices
Variant Price
Panel Van 2.5 Turbo Diesel RM 113,000 (up RM 5k)

Earlier today, prices of the Toyota Corolla Altis, Corolla Cross, as well as the Camry also saw an increase. Specifications for all models remain as before.

Though Toyota is one of the firsts to increase prices, the carmaker by no means will be the last. Recall that BMW and MINI got the ball rolling with their announcements, while the 2023 Nissan Navara range has also witnessed a price bump.

Also read: MAA: Brace yourselves for car prices to go up thanks to weak Ringgit and chips shortage

Malaysia's new car market will continue to see price increments throughout the year, caused by spiking cost of raw materials and though it sounds a bit like a broken record at this point, the imbalance of semiconductor chip supplies.

Industry-wide inflationary pressures continue to squeeze our weaking Ringgit as well, adding to the storm.

Also read: Chip supply issues to improve by 2023; shorter wait for your car, but likely higher prices to pay too

Sanjay

Senior Writer

With humble beginnings collecting diecast models and spending hours virtually tuning dream cars on the computer, his love of cars has delightfully transformed into a career. Sanjay enjoys how the same passion for cars transcends boundaries and brings people together.

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