Toyota-Indus again increases price for multiple vehicles

KARACHI – Renowned auto manufacturer Toyota Indus Motors has once again increased the price of its various vehicles.

The new prices will be applicable from the 22nd of March, 2018.

Here is the updated price list along with the previous prices.

Toyota Corolla New Prices

Variant New – PKR Current – PKR Difference -PKR
XLI 1,894,000 1,819,000 75,000
GLI MT 2,049,000 1,949,000 100,000
GLi MT SE 2,159,000 2,059,000 100,000
GLI AT 2,124,000 2,024,000 100,000
Altis 1.6 2,274,000 2,199,000 75,000
Altis 1.8 MT 2,339,000 2,264,000 75,000
Altis 1.8 CVT 2,464,000 2,389,000 75,000
Grande MT SR 2,514,000 2,439,000 75,000
Grande CVT SR 2,664,000 2,589,000 75,000

Toyota Hilux and Fortuner New Prices

Variant New – PKR Current – PKR Difference – PKR
Hilux Deckless 2,319,000 2,219,000 100,000
Hilux 4×2 2,569,000 2,469,000 100,000
Hilux 4×2 (up-spec) 2,599,000 2,499,000 100,000
Revo G MT 4,374,000 4,124,000 250,000
Revo GAT 4,599,000 4,349,000 250,000
Revo V AT 4,949,000 4,649,000 300,000
Fortuner 4×2 (Petrol) 5,849,000 5,549,000 300,000
Fortuner 4×4 6,199,000 5,899,000 300,000

Toyota IMC has issued circulars to its dealerships providing details regarding the new prices and the start date.

New prices will be applied to all partial payments orders as well.

The hike in prices is Toyota’s second in last three months. Previously, the company justified its price hike by citing the devaluation of rupee against dollar.

https://en.dailypakistan.com.pk/technology/toyota-revises-price-for-corolla-variants/

In simple terms, not all parts of the cars are manufactured locally, so the automakers are forced to import parts from foreign vendors, which due to the devaluation of the rupee have now become expensive.

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