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IMC suspends Toyota dealerships Registration

Andleeb Sidhu by Andleeb Sidhu
January 19, 2018
in General, News, Pakistan Automotive
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It is reported that in the latest turn of events that Toyota Indus Motor Company has suspended the registration of two of its dealers .Toyota Indus Motors has fined one dealer with PKR 2 million. They have been suspended and fined owing to the reason of selling cars underneath the unfavorable ON money dealing.

As per to our sources, Toyota IMC has suspended the registration of Toyota HN Motors as well as the Toyota Sargodha Motors and has fined Toyota Garden Motors a handsome ampunt of  PKR 2 million.

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Upon stretching out to the official sources of Toyota HN Motors who spoke on the matter and confirmed the news of being suspended from the dealership list of Toyota IMC as a result of the ON money scheme.

They further added that their dealership license got suspended back in November 2017 for two months and IMC by now hasn’t allowed Toyota HN Motors to book cars from them. Furthermore, they also utter that because of this suspension they are not capable to cater to the needs of their customers, which is upsetting their business.

“We are receiving a lot of orders from our esteemed customers, but we are in peril due to not booking and getting cars from Toyota.” – Toyota HN Motors.

Conversely, Toyota Garden Motors has totally shorn of the accuracy of this news of being charged with PKR 2 million for fake bookings.

Toyota Indus Motors was also reached for the authenticity in regards to this consideration and as soon as the IMC gives their verdict on the new,we will be updating you soon.

To control the menace of ON money from the automobile industry, Toyota IMC cancelled approximately 1300 bookings upon verifying the Provisional Booking Orders last year in November. Nevertheless, the company has refunded PKR 600 million to those who have booked the car previously.

For latest happenings, stay tuned to Autodeals.Pk.

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