Toyota Reduces Car Prices By Over Rs. 1.3 Million

Indus Motor Company (IMC) has announced a reduction in the prices of its cars. This decision comes as a result of the appreciation of the Pakistani Rupee (PKR) against the US dollar, and IMC has decided to pass this benefit on to consumers. The price cuts, which are as high as Rs. 1.3 million, were announced on Tuesday and are applicable from October 24, 2023.

Table of Contents

Toyota Yaris
Toyota Corolla
Toyota Hilux Revo
Toyota Fortuner

Toyota Yaris

Variant	Old Price (Rs.)	New Price (Rs.)	Price Reduction (Rs.)
Yaris 1.3 MT LO	4,499,000	4,399,000	100,000
Yaris 1.3 CVT LO	4,789,000	4,689,000	100,000
Yaris 1.3 MT Hi	4,759,000	4,659,000	100,000
Yaris 1.3 CVT Hi	4,999,000	4,899,000	100,000
Yaris 1.3 CVT Aero	5,199,000	5,099,000	100,000
Yaris 1.5 MT	5,429,000	5,309,000	120,000
Yaris 1.5 CVT	5,769,000	5,649,000	120,000
Yaris 1.5 CVT Aero	5,969,000	5,849,000	120,000

Toyota Corolla

Variant	Old Price (Rs.)	New Price (Rs.)	Price Reduction (Rs.)
Corolla 1.6 MT	6,169,000	5,969,000	200,000
Corolla 1.6 CVT	6,769,000	6,559,000	200,000
Corolla 1.6 CVT SR	7,429,000	7,189,000	240,000
Corolla 1.8 CVT	7,119,000	6,889,000	230,000
Corolla 1.8 CVT SR	7,759,000	7,509,000	250,000
Corolla 1.8 CVT SR BLK	7,799,000	7,549,000	250,000

Toyota Hilux Revo

Variant	Old Price (Rs.)	New Price (Rs.)	Price Reduction (Rs.)
Hilux E	11,439,000	11,039,000	400,000
Hilux Revo G MT	12,409,000	11,959,000	450,000
Hilux Revo GAT	13,019,000	12,549,000	470,000
Revo V AT 2.8	14,389,000	13,849,000	540,000
Revo V At Rocco	15,179,000	14,419,000	760,000
Revo GR S	16,149,000	15,359,000	790,000

Toyota Fortuner

Variant	Old Price (Rs.)	New Price (Rs.)	Price Reduction (Rs.)
Fortuner 2.7 G Petrol	15,809,000	14,499,000	1,310,000
Fortuner 2.7 V Petrol	18,099,000	16,999,000	1,100,000
Fortuner 2.8 Sigma 5 Diesel	19,079,000	17,999,000	1,080,000
Fortuner Legender Diesel	20,129,000	18,999,000	1,130,000
Fortuner GRS	21,089,000	19,899,000	1,190,000

Despite these price cuts, it’s important to note that the prices haven’t decreased proportionally with the improvement in the US Dollar exchange rate. Furthermore, like other car manufacturers in the country, Toyota is also facing inventory shortages. The automaker recently decided to shut down its plant for a month, from October 17 to November 17, 2023.