Indus Motor Company (IMC), Pakistan’s Toyota vehicle assembler, has finally decided to pass on the benefit of the PKR’s appreciation against the US dollar to consumers.
The auto-giant informed consumers on Tuesday about a significant reduction in its car prices, which decreased by up to Rs. 1.3 million.
The new prices will take effect on October 24, 2023. The following are the most recent Toyota car prices:
YARIS
| Variant | Old Price (Rs.) | New Price (Rs.) | Price Reduction (Rs.) |
| Yaris 1.3 MT LO | 4,499,000 | 4,399,000 | 100,000 |
| Yaris 1.3 CVT LO | 4,789,000 | 4,689,000 | 100,000 |
| Yaris 1.3 MT Hi | 4,759,000 | 4,659,000 | 100,000 |
| Yaris 1.3 CVT Hi | 4,999,000 | 4,899,000 | 100,000 |
| Yaris 1.3 CVT Aero | 5,199,000 | 5,099,000 | 100,000 |
| Yaris 1.5 MT | 5,429,000 | 5,309,000 | 120,000 |
| Yaris 1.5 CVT | 5,769,000 | 5,649,000 | 120,000 |
| Yaris 1.5 CVT Aero | 5,969,000 | 5,849,000 | 120,000 |
Toyota Corolla
| Variant | Old Price (Rs.) | New Price (Rs.) | Price Reduction (Rs.) |
| Corolla 1.6 MT | 6,169,000 | 5,969,000 | 200,000 |
| Corolla 1.6 CVT | 6,769,000 | 6,559,000 | 200,000 |
| Corolla 1.6 CVT SR | 7,429,000 | 7,189,000 | 240,000 |
| Corolla 1.8 CVT | 7,119,000 | 6,889,000 | 230,000 |
| Corolla 1.8 CVT SR | 7,759,000 | 7,509,000 | 250,000 |
| Corolla 1.8 CVT SR BLK | 7,799,000 | 7,549,000 | 250,000 |
Hilux Revo
| Variant | Old Price (Rs.) | New Price (Rs.) | Price Reduction (Rs.) |
| Hilux E | 11,439,000 | 11,039,000 | 400,000 |
| Hilux Revo G MT | 12,409,000 | 11,959,000 | 450,000 |
| Hilux Revo G AT | 13,019,000 | 12,549,000 | 470,000 |
| Revo V AT 2.8 | 14,389,000 | 13,849,000 | 540,000 |
| Revo V At Rocco | 15,179,000 | 14,419,000 | 760,000 |
| Revo GR S | 16,149,000 | 15,359,000 | 790,000 |
Fortuner
| Variant | Old Price (Rs.) | New Price (Rs.) | Price Reduction (Rs.) |
| Fortuner 2.7 G Petrol | 15,809,000 | 14,499,000 | 1,310,000 |
| Fortuner 2.7 V Petrol | 18,099,000 | 16,999,000 | 1,100,000 |
| Fortuner 2.8 Sigma 5 Diesel | 19,079,000 | 17,999,000 | 1,080,000 |
| Fortuner Legender Diesel | 20,129,000 | 18,999,000 | 1,130,000 |
| Fortuner GRS | 21,089,000 | 19,899,000 | 1,190,000 |
Toyota, like the rest of the country’s automakers, is experiencing inventory shortages.
The automaker recently decided to close its plant for a month, from October 17 to November 17, 2023.
It should be mentioned that even with the significant improvement in the US Dollar exchange rate, the price hasn’t dropped proportionately.
To read our blog on “Toyota’s Pakistan plant will be closed for a month,” click here.
