Tag: cvt
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‘Extreme volatile situation of Pakistani rupee’ forces Toyota to announce third price hike of 2023
Indus Motor Company (IMC), the manufacturer of Toyota vehicles in Pakistan, has increased prices for its CKD vehicles lineup by upto Rs890,000. The price hike has been attributed to “economic uncertainties and volatility of Pakistani rupee”, according to a notice sent to dealer principals, CEOs, and sales heads by the company. Below are the new…
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Toyota announces second price hike in less than 20 days due to economic uncertainties
Toyota Indus Motor Company (IMC) has announced a second price increase for its vehicles in January 2023, following a significant depreciation of the Pakistani rupee against the US dollar. According to the company’s statement, they are facing difficulties in maintaining their current prices due to the economic uncertainties and volatility of the PKR. “This situation…
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Suzuki resumes Swift GLX CVT bookings ‘for a limited time only’
Production and sales at Pak Suzuki Motor Company (PSMC) are picking up speed. The automaker just announced the reopening of bookings for its overall lineup of vehicles on its official Facebook page. The best kei car-selling company is also accepting reservations for the Suzuki Swift’s top and most expensive GLX CVT model, according to Pak…
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Toyota IMC increases car prices up to Rs7 lac
Toyota Indus Motor Company has announced a massive price hike for Corolla and Hilux variants. The automaker blames rising manufacturing costs and the weakening rupee in a notification it has issued. Here are the new prices: Vehicle Old Invoice New Price Difference Toyota Corolla Altis 1.6 CVT Rs4,789,000 Rs4,979,000 Rs190,000 Toyota Corolla Altis 1.6 CVT…
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Toyota announces a massive price increase for all vehicles
Toyota Indus Motor Company (IMC) has introduced a massive price hike.
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Hyundai Pakistan launches another variant of obsolete Elantra
Hyundai-Nishat has introduced the long-awaited Elantra GL 1.6, with a hefty price tag of Rs4.3 million for the ‘base trim’. This model was predicted to compete with the Altis X 1.6, but Rs4.3 million for a base model does not seem to attract much for a car that already existed. The ‘latest sedan’ is now…