Toyota Indus Motor Company (IMC) is increasing the prices of its cars by up to Rs. 830,000.
The auto-manufacturer has increased the prices for the third time in 2019. Just like the previous price hikes, this one has evolved in the face of the depreciating value of the rupee against the US dollar.
The new prices will be applicable from July 1, 2019.
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Toyota Announces Price Hike for Corolla and IMV Variants
Here are the revised prices of the Toyota Corolla, IMV 1, IMV 3, and IMV 4 variants:
| Variant | New Price | Current Price |
| XLI MT | 2,499,000 | 2,109,000 |
| XLI AT | 2,599,000 | 2,184,000 |
| GLi MT | 2,749,000 | 2,364,000 |
| GLi AT | 2,849,000 | 2,439,000 |
| Altis 1.6 | 3,149,000 | 2,674,000 |
| Altis 1.8 MT | 3,299,000 | 3,069,000 |
| Altis 1.8 CVT | 3,449,000 | 3,205,000 |
| Grande MT SR | 3,499,000 | 3,260,000 |
| Grande CVT SR | 3,699,000 | 3,409,000 |
| IMV I 4X2 STD | 3,449,000 | 3,074,000 |
| IMV I 4X2 D/L | 3,159,000 | 2,819,000 |
| IMV I 4X2 U/S | 3,479,000 | 3,104,000 |
| IMV 4X4 | 4,849,000 | 4,329,000 |
| IMV III DC STD | 5,249,000 | 4,719,000 |
| Revo G MT | 5,599,000 | 5,009,000 |
| Revo G AT | 5,899,000 | 5,239,000 |
| Revo V AT | 6,249,000 | 5,559,000 |
| Fortuner 4X4 | 8,649,000 | 7,819,000 |
| Fortuner 4X2 | 7,999,000 | 7,299,000 |
Other car manufacturers have also been increasing the prices of their vehicles because of the rupee devaluation including Suzuki and Honda.
Watch this space for more on Toyota.
KHAN 5 YEARS OUR RAHA TU 50 LAKH TAK CHALI JAYE GI ALLAH SSE MAFEE MANGAA KARIAN SUB LOG MIL KAR
sab ne ab used cars buy krni hai.
New Loge to Use Hongi Na Market Main
Naya Pakistan of PTI. Ab yahi ho ga
How the heck this 20%~ price increase justifies depreciating rupee value.
160/1.2=133. See, did dollar just jumped from 133 to 160. These looters are finding an excuse to profit the skin out of consumers with this dollar hike.
2.5 to 5% FED is also applied on the price, as PTI govt posted the budget they set FED for every car