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Toyota set to increase prices for the third time in one year
07:06 PM | 27 Jun, 2018
KARACHI - A Japanese-Pakistani automaker is all set to increase the price of all its vehicles lineup for the third time this year.
Here is the updated price list, along with the previous prices, provided by Toyota Indus Motor Company (IMC).
However, there is no official notification issued by Toyota IMC regarding implementation of new prices, but it is expected that the revised prices will be applicable from the start of the next FY 2018-19, i.e. 1st July 2018, reports PakWheels.
The company has increased the prices of sedans by up to PKR 135,000. On the other hand, the prices of its CBUs are increased by up to PKR 1,900,000.
The company reported its previous price bump two months ago, and just like before, the new hike is also being attributed to the Pakistani rupee’s falling value against USD.
https://en.dailypakistan.com.pk/technology/toyota-indus-again-increases-price-for-multiple-vehicles/
In simple terms, not all the car parts are manufactured locally so the automakers are forced to import parts from foreign vendors; hence making the cars more expensive.
Here is the updated price list, along with the previous prices, provided by Toyota Indus Motor Company (IMC).
| Toyota Corolla | |||
| Variant | Old Price | New Price | Difference |
| XLi | 1,894,000 | 1,944,000 | 50,000 |
| XLi A/T | 1,969,000 | 2,019,000 | 50,000 |
| GLi M/T | 2,049,000 | 2,149,000 | 100,000 |
| GLi M/T SE | 2,159,000 | 2,259,000 | 100,000 |
| GLi A/T | 2,124,000 | 2,224,000 | 100,000 |
| Altis 1.6 | 2,274,000 | 2,374,000 | 100,000 |
| Altis 1.8 M/T | 2,339,000 | 2,489,000 | 150,000 |
| Altis 1.8 CVT | 2,464,000 | 2,614,000 | 150,000 |
| Grande M/T SR | 2,514,000 | 2,664,000 | 150,000 |
| Grande CVT SR | 2,664,000 | 2,799,000 | 135,000 |
| Toyota Hilux | |||
| Variant | Old Price | New Price | Difference |
| Toyota Hilux 4×2 Single Cab Standard | 2,569,000 | 2,679,000 | 110,000 |
| Hilux 4X2 Single Cab Deckless | 2,319,000 | 2,424,000 | 105,000 |
| Hilux Revo G 2.8 M/T | 4,374,000 | 4,559,000 | 185,000 |
| Hilux Revo G Automatic 2.8 | 4,599,000 | 4,789,000 | 190,000 |
| Hilux Revo V Automatic 2.8 | 4,949,000 | 5,149,000 | 200,000 |
| Fortuner (Petrol) | 5,849,000 | 6,099,000 | 250,000 |
| Fortuner (Diesel) | 6,199,000 | 6,449,000 | 250,000 |
| Other Toyota Vehicles | |||
| Models | Old Price | New Price | Variance in RSP |
| Hiace Standard Roof (Diesel) | 4,100,000 | 4,400,000 | 300,000 |
| Hiace Standard Roof Dual AC (Diesel) | 4,400,000 | 4,800,000 | 400,000 |
| Hiace High Roof Dual AC (Diesel) | 5,100,000 | 5,600,000 | 500,000 |
| Hiace Standard Roof (Petrol) | 3,850,000 | 4,150,000 | 300,000 |
| Hiace Standard Root Dual AC (Petrol) | 4,200,000 | 4,500,000 | 300,000 |
| Hiace Mid Roof Dual AC (Petrol) | 4,650,000 | 4,950,000 | 300,000 |
| Coaster High Roof (29-seater) | 8,549,000 | 9,500,000 | 951,000 |
| Prado 3.0 Diesel Turbo M/T | 17,300,000 | 18,300,000 | 1,000,000 |
| Prado 3.0 Diesel Turbo A/T | 24,300,000 | 25,700,000 | 1,400,000 |
| Prado 4.0 Petrol A/T | 24,400,000 | 26,000,000 | 1,600,000 |
| LC200 GX M/T (Diesel) | 24,600,000 | 26,200,000 | 1,600,000 |
| LC200 VX A/T (Diesel) | 28,400,000 | 30,300,000 | 1,900,000 |
| LC200 VX A/T (Petrol) | 28,500,000 | 30,400,000 | 1,900,000 |
| LC70 Soft Top | 14,100,000 | 14,900,000 | 800,000 |
| LC70 Hard Top | 14,100,000 | 14,900,000 | 800,000 |
| LC70 Pick Up | 11,000,000 | 11,800,000 | 800,000 |
| Avanza M/T (Petrol) | 3,550,000 | 3,850,000 | 300,000 |
| Prius 1.8 | 5,500,000 | 6,150,000 | 650,000 |
However, there is no official notification issued by Toyota IMC regarding implementation of new prices, but it is expected that the revised prices will be applicable from the start of the next FY 2018-19, i.e. 1st July 2018, reports PakWheels.
The company has increased the prices of sedans by up to PKR 135,000. On the other hand, the prices of its CBUs are increased by up to PKR 1,900,000.
The company reported its previous price bump two months ago, and just like before, the new hike is also being attributed to the Pakistani rupee’s falling value against USD.
https://en.dailypakistan.com.pk/technology/toyota-indus-again-increases-price-for-multiple-vehicles/
In simple terms, not all the car parts are manufactured locally so the automakers are forced to import parts from foreign vendors; hence making the cars more expensive.
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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Today’s currency exchange rates in Pakistan - 19 April 2024
| Currency | Symbol | Buying | Selling |
| US Dollar | USD | 277.4 | 280.4 |
| Euro | EUR | 293 | 296 |
| UK Pound Sterling | GBP | 342.25 | 345.65 |
| U.A.E Dirham | AED | 75.2 | 75.9 |
| Saudi Riyal | SAR | 73.3 | 74.05 |
| Australian Dollar | AUD | 181 | 182.8 |
| Bahrain Dinar | BHD | 740.09 | 748.09 |
| Canadian Dollar | CAD | 201 | 203 |
| China Yuan | CNY | 38.44 | 38.84 |
| Danish Krone | DKK | 39.69 | 40.09 |
| Hong Kong Dollar | HKD | 35.53 | 35.88 |
| Indian Rupee | INR | 3.33 | 3.44 |
| Japanese Yen | JPY | 1.86 | 1.94 |
| Kuwaiti Dinar | KWD | 902.64 | 911.64 |
| Malaysian Ringgit | MYR | 58.08 | 58.68 |
| New Zealand Dollar | NZD | 164.22 | 166.22 |
| Norwegians Krone | NOK | 25.31 | 25.61 |
| Omani Riyal | OMR | 722.87 | 730.87 |
| Qatari Riyal | QAR | 76.45 | 77.15 |
| Singapore Dollar | SGD | 204.5 | 206.5 |
| Swedish Korona | SEK | 25.31 | 25.61 |
| Swiss Franc | CHF | 305.08 | 307.58 |
| Thai Bhat | THB | 7.56 | 7.71 |
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