Tag: Sedan
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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 IMC records worst sales in three years, selling less than 2,000 cars in February
Toyota Indus Motor Company (IMC), a leading automaker renowned for offering the country’s best-selling sedan, has reported a significant decline in sales in February 2023, marking the worst sales month since the onset of the Covid-19 pandemic. Having previously sold over 7,100 units in March 2022, the company’s sales have now plummeted to a meager…
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Honda Pakistan records 40 per cent increase in earnings
Honda Atlas Cars Limited (HACL) concluded the financial year with a 40 per cent increase in earnings, giving investors reason to be optimistic. This is despite several challenges including an ongoing chip shortage, rising commodity prices on overseas markets, hefty freight rates, and the rupee’s depreciation. “The result is below our expectations, which is mainly…
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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…