The Indus Motor Company (IMC) has increased the prices of locally produced versions of the Corolla, Yaris, Fortuner, and Revo in response to the persistent depreciation of the Pakistani rupee against the US dollar and rising raw material costs.
The price changes took effect on July 28, but it should be noted that the company has decided to temporarily close its auto production plant from August 1–13 due to difficulties importing raw materials. Booking for all cars has also been put on hold by the company.
The following are the new prices:
Variants | Current Prices | New Prices Inclusive CVT | Difference |
Corolla X 1.6 MT | Rs3,939,000 | Rs4,899,000 | Rs990,000 |
Corolla X.16 AT | Rs4,099,000 | Rs5,139,000 | Rs1,040,000 |
Corolla X 1.6 AT SE | Rs4,509,000 | Rs5,639,000 | Rs1,130,000 |
Corolla X 1.8 CVT | Rs4,499,000 | Rs5,679,000 | Rs1,180,000 |
Altis Grande X 1.8 CVT | Rs4,859,000 | Rs6,149,000 | Rs1,290,000 |
Altis Grande X 1.8 CVT | Rs4,899,000 | Rs6,189,000 | Rs1,290,000 |
In the meantime, the cost of the Yaris 1.3 and 1.5 rose from a starting price of Rs760,000 to Rs910,000. Thus, Yaris 1.3 starts at Rs3.799 million, and 1.5 starts at Rs4.569 million.
Prices for the Toyota Fortuner increased by between Rs2.530 million and Rs3.160 million, with the new prices for the Fortuner 2.7 G and Fortuner Legender Diesel being Rs12.489 million and Rs15.839 million, respectively.
Revo’s price range increased from Rs1.830 million to Rs2.270 million for its various variations.
The price of a Hilux E unit has increased by Rs1.680 million to Rs9.039 million.