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.

Toyota Yaris

VariantOld Price (Rs.)New Price (Rs.)Price Reduction (Rs.)
Yaris 1.3 MT LO4,499,0004,399,000100,000
Yaris 1.3 CVT LO4,789,0004,689,000100,000
Yaris 1.3 MT Hi4,759,0004,659,000100,000
Yaris 1.3 CVT Hi4,999,0004,899,000100,000
Yaris 1.3 CVT Aero5,199,0005,099,000100,000
Yaris 1.5 MT5,429,0005,309,000120,000
Yaris 1.5 CVT5,769,0005,649,000120,000
Yaris 1.5 CVT Aero5,969,0005,849,000120,000

Toyota Corolla

VariantOld Price (Rs.)New Price (Rs.)Price Reduction (Rs.)
Corolla 1.6 MT6,169,0005,969,000200,000
Corolla 1.6 CVT6,769,0006,559,000200,000
Corolla 1.6 CVT SR7,429,0007,189,000240,000
Corolla 1.8 CVT7,119,0006,889,000230,000
Corolla 1.8 CVT SR7,759,0007,509,000250,000
Corolla 1.8 CVT SR BLK7,799,0007,549,000250,000

Toyota Hilux Revo

VariantOld Price (Rs.)New Price (Rs.)Price Reduction (Rs.)
Hilux E11,439,00011,039,000400,000
Hilux Revo G MT12,409,00011,959,000450,000
Hilux Revo GAT13,019,00012,549,000470,000
Revo V AT 2.814,389,00013,849,000540,000
Revo V At Rocco15,179,00014,419,000760,000
Revo GR S16,149,00015,359,000790,000

Toyota Fortuner

VariantOld Price (Rs.)New Price (Rs.)Price Reduction (Rs.)
Fortuner 2.7 G Petrol15,809,00014,499,0001,310,000
Fortuner 2.7 V Petrol18,099,00016,999,0001,100,000
Fortuner 2.8 Sigma 5 Diesel19,079,00017,999,0001,080,000
Fortuner Legender Diesel20,129,00018,999,0001,130,000
Fortuner GRS21,089,00019,899,0001,190,000

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.

Zamin Sheikh

Explores the tech-savvy side of automobiles, unraveling the mysteries of automotive technology, connectivity features, and driver-assistance systems.

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