In a significant development in the Pakistani automobile market, the Indus Motor Company, responsible for assembling Toyota vehicles in the country, has announced a substantial price reduction across its product lineup. However, this price adjustment same to effect on October 24, 2023. It is attributed to the recent strengthening of the Pakistani rupee against the US dollar. This move follows similar price reductions by other prominent automakers in the region. Other automakers includes MG Motors and Lucky Motor Corporation (LMC).
Here are the revised prices for some of the popular Toyota models:
Yaris New PriceModelOld Price (PKR)Revised Price (PKR)Reduction (PKR)Yaris 1.3 MT LO4,499,0004,399,000100,000Yaris 1.3 CVT LO4,789,0004,689,000100,000Yaris 1.3 MT Hi4,759,0004,659,000100,000Yaris 1.3 CVT Hi4,999,0004,899,000100,000Yaris 1.3 CVT Aero5,199,0005,099,000100,000Yaris 1.5 MT5,429,0005,309,000120,000Yaris 1.5 CVT5,769,0005,649,000120,000Yaris 1.5 CVT Aero5,969,0005,849,000120,000Revised Price of CorollaModelOld Price (PKR)Revised Price (PKR)Reduction (PKR)Corolla 1.6 MT6,169,0005,969,000200,000Corolla 1.6 CVT6,769,0006,559,000210,000Corolla 1.6 CVT SR7,429,0007,189,000240,000Corolla 1.8 CVT7,119,0006,889,000230,000Corolla 1.8 CVT SR7,759,0007,509,000250,000Corolla 1.8 CVT SR BLK7,799,0007,549,000250,000Toyota Hilux RevoModelOld Price (PKR)Revised Price (PKR)Reduction (PKR)Hilux E11,439,00011,039,000400,000Hilux Revo G12,409,00011,959,000450,000Hilux Revo G13,019,00012,549,000470,000Revo V AT 2.814,389,00013,849,000540,000Revo V At Rocco15,179,00014,419,000760,000Revo GR S16,149,00015,359,000790,000Toyota Fortuner New PriceModelOld Price (PKR)Revised Price (PKR)Reduction (PKR)Fortuner 2.7 G Petrol15,809,00014,499,0001,310,000Fortuner 2.7 V Petrol18,099,00016,999,0001,100,000Fortuner 2.8 Sigma 5 Diesel19,079,00017,999,0001,080,000Fortuner Legender Diesel20,129,00018,999,0001,130,000Fortuner GRS21,089,00019,899,0001,190,000
These price reductions expected to make Toyota vehicles more affordable for consumers in Pakistan. It is offering a wider range of choices at more competitive prices. Meanwhile, the Pakistani automobile industry continues to evolve, responding to changing economic conditions and consumer demands.