Tag: Yaris
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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 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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Toyota to temporarily suspend production in Pakistan
The impact of the current economic crisis has reportedly forced Toyota Indus Motor Company (IMC) to halt production in Pakistan. In accordance with the information, Toyota IMC will reimburse clients who paid deposits for reservations since the business is unable to complete such orders. Toyota IMC previously cited restrictions on the State Bank of Pakistan’s…
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Getting a new car? Check out the new advance tax imposed on your favourite vehicle
The government has released the fiscal budget for 2022-23, which includes several changes, including a 200 per cent advance tax on the purchase of cars with engine displacements greater than 1600cc for non-filers. This decision is likely to possess a considerable effect on the sales of several cars in Pakistan, which have already witnessed multiple price hikes…
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Toyota Pakistan announces another massive price hike for all cars
For the second time in less than a month, Toyota Indus Motor Company (IMC) has announced a hefty price increase for all of its locally assembled vehicles. The increase was attributed by the corporation to the ongoing depreciation of the local currency against the US dollar. All variants from Toyota have received a hike of…