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.