Tag: Indus motor company
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Toyota Yaris prices reduced by up to Rs133,000
Indus Motor Company, the manufacturer of Toyota vehicles in Pakistan, has announced a significant price adjustment for its Yaris sedan range.
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Toyota manufacturer in Pakistan halts car production amid parts shortage
Indus Motor Company (IMC), the manufacturer of Toyota vehicles in Pakistan, has declared a temporary shutdown of its production plant for a duration of six days.
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Indus Motor Company invests Rs3 billion to boost local auto production
In a significant move within Pakistan’s automotive sector, Indus Motor Company Limited (INDU) has greenlit an investment of approximately Rs3 billion (around $10.76 million) aimed at bolstering the localization of production.
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Toyota IMC unveils locally-made Toyota Corolla Cross Hybrid in Pakistan
Indus Motor Company (IMC) celebrated the launch of the 4th generation Toyota Corolla Cross Hybrid Electric Vehicle (HEV) at its manufacturing facility in Karachi.
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Toyota car prices reduced by up to Rs1.3 million in Pakistan
Indus Motor Company, the leading assembler of Toyota-brand vehicles in Pakistan, has made a significant move to benefit its customers.
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Here’s why Toyota Indus Motor Company is halting car production for one month
Indus Motor Company (IMC), the leading manufacturer of Toyota vehicles in Pakistan, has announced a temporary production suspension lasting a month due to inventory shortages.
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Inventory challenges lead Indus Motor Company to halt Toyota car production in Pakistan
Indus Motor Company Limited, the firm responsible for the assembly of Toyota vehicles in Pakistan, has recently announced a temporary suspension of its production operations until October 9. This significant decision was formally communicated through a notice submitted to the Pakistan Stock Exchange (PSX).
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Toyota Indus Motor Company suspends car production until August 3
Indus Motor Company Limited has recently made the difficult decision to close its production plant temporarily. The interruption is set to last for two weeks, as the company faces significant challenges in importing essential raw materials, leading to disruptions in its supply chain.
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High prices lead to 79% drop in new car sales in June 2023
The automobile industry of Pakistan experienced a severe blow in the fiscal year 2022-23, with car sales plummeting by 56 per cent to a mere 126,879 units, according to data shared by the Pakistan Automotive Manufacturers Association (PAMA) on Tuesday. This significant decline can be attributed to various factors, including the non-availability of completely knocked…
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Toyota Indus Motor Company sees 142% increase in quarterly profit despite low demand
Indus Motor Company (IMC) announced a 37 per cent decrease in its profit-after-tax (PAT) for the third quarter of financial year 2022-23, with earnings of Rs3.216 billion compared to Rs5.118 billion in the same period last year.