Overview
It is not good news Toyota Indus Motor Company (IMC) has increased its prices again this year.
Toyota Indus Motor Company (IMC) raised rates for the second time in January 2023.
Prices Increased Reason
According to the company, economic instability and the severe volatility of the Pakistani rupee against the US dollar have affected IMC’s production costs.
As a result of this scenario, IMC has found it more difficult to maintain existing retail selling prices, and the company has been forced to pass some effect on to the market.
Prices Applicable
The updated pricing for all CKD variations is subject to change and the prices in effect at the time of delivery will remain in effect for all orders. Any changes in government levies and taxes (including FED, Sales Tax, CVT, and so on), tariff fiscal policies, import policies, and so on will be the responsibility of the client.
Toyota Yaris New Price
Toyota Yaris prices increased from 260,000 to 320,000 PKR.
Corolla New Prices
Toyota Corolla Prices increased from 330,000 to 440,000 PKR.
Toyota Hilux Revo New Prices
The price of Toyota Hilux increased from 660,000 to 850,000 PKR.
Toyota Fortuner New Prices
Toyota Fortuner’s price increased from 910,000 to 1,160,000 PKR.
Conclusion
If prices continue to grow according to these conditions, vehicles will get away from the reach of everyone.
