Looking to buy Toyota Fortuner? You'll now have to spend more to get one. Here's why
The prices of the Toyota Fortuner now range between ₹36.05 lakh and ₹52.34 lakh, ex-showroom. Check Offers
Toyota Fortuner, one of India's highest-selling SUVs, saw a price increase across all variants. The price hike applies to the petrol and diesel versions of the Toyota Fortuner, with the biggest hike seen on the petrol automatic 4x2 variant. The price of this model has surged by ₹ 68,000, while most other diesel trims, including the performance-oriented GR-S and both Legender versions, have seen a uniform hike of ₹ 40,000.
Following these adjustments, the Fortuner now commands an ex-showroom price ranging from ₹ 36.05 lakh to ₹ 52.34 lakh, ex-showroom, depending on the configuration.
Also Read : Toyota Fortuner with 48V hybrid assist launched at ₹ 44.72 lakh. Check details Toyota Fortuner: Updated price range
With the price increase, the Toyota Fortuner's ex-showroom prices now begin at ₹ 36.05 lakh for the 2.7-litre 4x2 petrol automatic, which is the point of entry into the line-up. In diesel, the 2.8-litre 4x2 manual costs ₹ 36.73 lakh, with the 4x2 diesel automatic at ₹ 39.01 lakh.
Those opting for the 4x4 manual diesel will now pay ₹ 40.83 lakh. The recently launched mild-hybrid diesel variant, which features a 48V battery system paired with the 2.8-litre engine and a 4x4 automatic transmission, is priced at ₹ 44.72 lakh. Sitting at the top of the lineup is the GR-S 2.8-litre 4x4 diesel automatic, which commands ₹ 52.34 lakh, reflecting its sportier tuning and premium equipment. Toyota Fortuner mild hybrid introduced
This price revision comes shortly after Toyota introduced a new mild-hybrid diesel variant of the Fortuner. Powered by the proven 2.8-litre diesel engine paired with a 48V battery system, the hybrid version targets improved fuel economy and refined urban drivability. Although it retains the exterior styling of its conventional diesel counterpart, the addition of the hybrid tech underlines Toyota's gradual shift toward greener powertrains, even in the body-on-frame SUV segment.
Also Read : Innova and Fortuner fuel Toyota to grow 22 per cent in May 2025. Check details
The new Fortuner hybrid is offered with a 4x4 setup along with enhanced efficiency—an appealing prospect for long-distance and adventure-focused buyers. Toyota Fortuner: Specs
The Fortuner continues to offer a wide selection of configurations. Buyers can choose between a 2.7-litre petrol and a 2.8-litre diesel engine, both mated to either a 6-speed manual or 6-speed automatic gearbox. But the all-wheel-drive (4x4) configuration remains a preserve of the diesel lineup, as well as the higher-end Legender and GR-S trim.
The top-of-the-line GR-S is the priciest Fortuner in the line-up and boasts sportier looks, dynamic suspension, and occupies the top spot as Toyota's flagship SUV in India.
Check out Upcoming Cars in India 2024, Best SUVs in India.
First Published Date: 09 Jun 2025, 09:37 AM IST
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
3 hours ago
- Business Standard
AI spending spree by big tech sparks investor concern over profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fueling concerns for profit margins and the risk that depreciation expenses will drag stocks down before companies can see investments pay off. 'On a cash flow basis they've all stagnated because they're all collectively making massive bets on the future with all their capital,' said Jim Morrow, founder and chief executive officer at Callodine Capital Management. 'We focus a lot on balance sheets and cash flows, and so for us they have lost their historical attractive cash flow dynamics. They're just not there anymore.' Alphabet Inc., Inc., Meta Platforms Inc. and Microsoft Corp. are projected to spend $311 billion on capital expenses in their current fiscal years and $337 billion in 2026, according to data compiled by Bloomberg. That includes a more than 60per cent increase during the first quarter from the same period a year ago. Free cash flow, meanwhile, tumbled 23per cent in the same period. 'There is a tsunami of depreciation coming,' said Morrow, who is steering clear of the stocks because he sees profits deteriorating without a corresponding jump in revenue. Much of the money is going toward things like semiconductors, servers and networking equipment that are critical for artificial intelligence computing. However, this gear loses its value much faster than other depreciating assets like real estate. Microsoft, Alphabet and Meta posted combined depreciation expenses of $15.6 billion in the first quarter, up from $11.4 billion a year ago. Add in Amazon, which has pumped more of its cash into capital spending in lieu of buybacks or dividends, and the number nearly doubles. 'People thought AI would be a monetisation machine early on, but that hasn't been the case,' said Rob Almeida, global investment strategist at MFS Investment Management. 'There's not as fast of AI uptake as people thought.' AI Bounce Of course, investors still have a hearty appetite for the technology giants given their dominant market positions, strong balance sheets and profit growth that, while slowing, is still beating the rest of the S&P 500. This explains the strong performance of AI stocks recently. Since April 8, the day before President Donald Trump paused his global tariffs and turned a stock market swoon into a boom, the biggest AI exchange-traded fund, the Global X Artificial Intelligence & Technology ETF, is up 34per cent, while AI chipmaker Nvidia Corp. has soared 49per cent. Meta has gained 37per cent, and Microsoft has climbed 33per cent — all topping the S&P 500's 21per cent advance and the tech-heavy Nasdaq 100 Index's 29per cent bounce. Just Tuesday, Bloomberg News reported that Meta leader Mark Zuckerberg is recruiting a secretive AI brain trust of researchers and engineers to help the company achieve 'artificial general intelligence,' meaning creating a machine that can perform as well as humans at many tasks. It's a monumental undertaking that will require a vast investment of capital. And in response Meta shares reversed Monday's decline and rose 1.2per cent. But with more and more depreciating assets being loaded on the balance sheet, the drag on the bottom line will put increased pressure on the companies to show bigger returns on the investments. Dealing With Depreciation This is why depreciation was a frequent theme in first-quarter earnings calls. Alphabet Chief Financial Officer Anat Ashkenazi warned that the expenses would rise throughout the year, and said management is trying to offset the non-cash costs by streamlining its businesses. 'We're focusing on continuing to moderate the pace of compensation growth, looking at our real estate footprint, and again, the build-out and utilization of our technical infrastructure across the business,' she said on Alphabet's April 24 earnings call. Other companies are taking similar steps. Earlier this year, Meta Platforms extended the useful life period of certain servers and networking assets to five and a half years, from the four-to-five years it previously used. The change resulted in a roughly $695 million increase in net income, or 27 cents a share, in the first quarter, Meta said in a filing. Microsoft did the same in 2022, increasing the useful lives of server and networking equipment to six years from four. When executives were asked on the company's April 30 earnings call about whether increased efficiency might result in another extension, Chief Financial Officer Amy Hood said such changes hinge more on software than hardware. 'We like to have a long history before we make any of those changes,' she said. 'We're focused on getting every bit of useful life we can, of course, out of assets.' Amazon, however, has taken the opposite approach. In February, the e-commerce and cloud computing company said the lifespan of similar equipment is growing shorter rather than longer and reduced useful life to five years from six. To Callodine's Morrow, the big risk is what happens if AI investments don't lead to a dramatic growth in revenue and profitability. That kind of market shock occurred in 2022, when a contraction in profits and rising interest rates sent technology stocks plummeting and dragged the S&P 500 lower. 'If it works out it will be fine,' said Morrow. 'If it doesn't work out there's a big earnings headwind coming.'
Time of India
4 hours ago
- Time of India
ET Market Watch: Sensex, Nifty edge up, IT stocks rally as trade talks fuel optimism
Transcript Hi, you're listening to ET Markets Radio, I am your host, Neha Vashishth. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it: Sensex and Nifty closed higher, led by IT and oil & gas stocks. Sensex rose 123 pts, Nifty closed above 25,140. This was mainly due to: Positive cues from Asia Progress in U.S.-India-China trade talks Risk-on mood lifted tech stocks IT stocks rally for the 6th straight session Infosys, Tech Mahindra, Wipro, HCL Tech gained up to 3.2% Reliance and Bajaj Finserv also ended in the green Financials weigh on gains Nifty Bank & Financial Services indices slipped 0.3% amid profit booking after the RBI-driven rally BSE Ltd. shares fell 4%. NSE placed the stock under ASM framework — 100% margin requirement spooked investors Liquor stocks tumble Radico Khaitan dropped 3.8%, United Spirits sank 6.6% after Maharashtra raised excise duties Broader markets snap their winning streaks Smallcap & Midcap indices fell around 0.5% Global Markets US-China negotiators announced a trade framework, but Wall Street remained cautious. S&P 500 and Nasdaq futures dipped 0.2% in the last session The MSCI Asia ex-Japan index rose 0.6% What's next? Markets looked ahead to US inflation data due Thursday.
Time of India
5 hours ago
- Time of India
S&P 500 record high: US stock market today: Market rise as S&P 500 nears record, Nasdaq jumps on chip optimism, Dow climbs 100+ points ahead of May CPI report and US-China trade deal
How did the U.S. stock market perform after the inflation report? S&P 500 rose about 0.6% , inching closer to its all-time high near 6,144. rose about , inching closer to its all-time high near 6,144. Nasdaq Composite jumped 0.6% to hit roughly 19,715 , as tech stocks led the charge. jumped to hit roughly , as tech stocks led the charge. Dow Jones Industrial Average added around 105 points, closing near 42,867, up about 0.25%. Which stocks were the big movers? Tesla (TSLA) surged 5.7% , notching its third straight gain, although the stock remains over 30% below its 52-week high. surged , notching its third straight gain, although the stock remains over 30% below its 52-week high. Intel soared 8% , as traders bet on trade concessions favoring U.S. chipmakers. soared , as traders bet on trade concessions favoring U.S. chipmakers. Nvidia and AMD also posted solid gains as sentiment around the semiconductor sector turned bullish. What's going on with inflation and interest rates? ADVERTISEMENT What should investors watch today? May CPI and PPI data – These will heavily influence the Federal Reserve's next move on interest rates. More news on U.S.–China trade talks – Any confirmation of export relaxations could spark further gains, especially in tech. Sector shifts – Tech and energy are leading, while defensive names are under pressure. What did May inflation data reveal, and why does it matter? ADVERTISEMENT 'Inflation in May was lower than anticipated, suggesting the tariffs aren't having a large immediate impact because companies have been using existing inventories or slowly adjusting prices due to uncertain demand.' ADVERTISEMENT What's in the new U.S.-China trade agreement? 'WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%.' 'great WIN for both countries,' highlighting its potential to boost bilateral trade while keeping American industries competitive. Why are rare earth minerals and tech restrictions important? What's next for the Federal Reserve and interest rates? Why does all this matter for investors? FAQs: US Stocks rose on Wednesday, May 26, 2025, as investors reacted to cooler-than-expected inflation data and a key trade consensus between the United States and China. The market showed signs of renewed optimism, with all three major indexes closing higher after the release of new economic data and statements from both President Donald Trump and Chinese Dow Jones Industrial Average climbed 126 points, or 0.3%, while the S&P 500 edged up by 0.1%. The Nasdaq Composite gained 0.2%, adding to the momentum that's been building in recent days. The S&P 500 has now posted gains in six of the past seven trading sessions, and it's sitting just under 2% below its February record high. Earlier this year, the index had fallen about 20% below its peak, showing just how much sentiment has improved and chip stocks took the spotlight, especially with hopes rising around export relief. Among the top performers:However, not all sectors joined the rally. Consumer staples underperformed, withafter slashing its forward the market remains upbeat, a big test comes today:report. Analysts are expecting, up from April's 0.2%. A hotter-than-expected reading could shake confidence and delay hopes of a Fed rate cut later this steady around, showing that bond investors are waiting cautiously for the inflation numbers before making any big shares stood out again, rising more than 2%, marking their fourth consecutive winning day. This move came after CEO Elon Musk said he regretted some of his past social media posts related to Trump. Meanwhile, quantum computing stocks jumped sharply following remarks by Nvidia CEO Jensen Huang, who said the sector was 'reaching an inflection point.'The market's reaction was heavily driven by the Consumer Price Index (CPI) report for May. According to data released Wednesday, CPI rose 0.1% from April, which is below the 0.2% increase economists had forecast, based on a Dow Jones core CPI, which removes volatile food and energy prices, also came in at just 0.1%, again under expectations. This signals that inflation pressures may be easing, despite lingering concerns tied to global supply chains and tariff Wilson-Elizondo, global co-CIO of multi-asset solutions at Goldman Sachs Asset Management, said,She also noted that with the current 90-day pause on tariffs, markets will be watching closely for shifts in inflation and employment data. If inflation remains contained or the labor market shows weakness, the Federal Reserve could look at lowering interest rates in the future.A major tailwind for the market came from news that U.S. and Chinese officials had reached a preliminary trade agreement during talks held in London. The framework includes the approval of rare earth mineral exports by China, while the U.S. will ease restrictions on advanced technology sales to Donald Trump posted on Truth Social that the deal was 'done, subject to final approval with President Xi and me.' He also emphasized thatAs part of the agreement, China will front-load shipments of magnets and other rare earth materials, and the U.S. will allow Chinese students to attend American colleges and universities, which had been previously restricted under technology-related described the agreement as aRare earth minerals are essential for producing electronics, defense equipment, electric vehicles, and renewable energy technologies. By agreeing to resume rare earth exports, China is reopening a critical supply chain that had previously faced disruptions due to geopolitical return, the U.S. lifting restrictions on high-tech sales—especially semiconductors, AI chips, and quantum computing components—offers companies like Nvidia, Intel, and other tech giants more flexibility in doing business with Chinese exchange helps de-escalate trade tensions that had been building since earlier in 2024 and clears a path for increased corporate investment and cross-border the market welcomed the positive developments, investors are still keeping a close watch on the Federal Reserve. The Fed is trying to balance slowing inflation with stable employment data as it considers whether interest rate cuts might be needed in the months inflation continues to ease and job numbers come in weak or flat, the central bank could shift to a more dovish stance. This would likely benefit stocks further, particularly growth sectors like tech and consumer now, traders and analysts are encouraged by the progress on both the inflation and trade fronts, but they know that the road ahead still holds uncertainty—especially with the 90-day tariff window and more Fed meetings scheduled in the coming gains reflected growing investor confidence fueled by a cool inflation report and signs of de-escalation in U.S.-China trade tensions. If these trends continue, markets could keep climbing, especially if the Federal Reserve pivots toward rate Tesla, Nvidia, and other key stocks gaining ground, and tariff concerns temporarily eased, investors are cautiously optimistic about the summer market as always, data releases, central bank signals, and geopolitical developments will continue to drive short-term moves. For now, though, Wall Street seems to be breathing a little rose because inflation was lower than expected, easing rate cut deal includes rare earth exports from China and relaxed U.S. tech restrictions.
