Toyota Increases Car Prices by Up to Rs. 830,000

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.


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  • 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

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