Toyota Announces Outrageous Price Hike for Multiple Cars

It was being speculated since the announcement of the new budget and our worst fears have now been realized. Toyota Indus Motor Company (IMC) has finally announced outrageous price increments on multiple vehicles.

The increments start at Rs. 380,000 and go as high as Rs. 4.9 million per car, which is completely absurd considering that the dollar hasn’t really changed that much in value off late.

It bears mentioning, however, that most vehicles that received a price hike had lower sales. The ones that are supposedly bought more, namely, the Corolla, the Yaris, and the Fortuner, are yet to receive a price bump. Still, the price increase is quite high as you can see in the table given below:

Car Variant Old Price (PKR) Revised Price (PKR) Increase (PKR)
Prius 1.8L 8,370,000 9,270,000 900,000
Camry Hybrid 16,500,000 18,630,000 2,130,000
Coaster 29 Seater High-Roof 12,800,000 13,999,000 1,199,000
Avanza M/T Petrol Powered 5,220,000 5,790,000 570,000
Rush GMT 5,040,000 5,630,000 590,000
GAT 5,220,000 5,840,000 620,000
Prado 3.0 Liter Turbo-Diesel M/T 26,000,000 27,930,000 1,930,000
3.0 Liter Turbo-Diesel A/T 36,700,000 39,270,000 2,570,000
4.0 Liter V6 Petrol A/T 38,400,000 41,410,000 3,010,000
Land Cruiser GX 4.5 Liter V8 M/T (Diesel) 38,900,000 41,690,000 2,790,000
VX 4.5 Liter V8 A/T(Diesel) 46,500,000 51,370,000 4,870,000
VX 4.6 Liter V8 A/T (Petrol) 48,000,000 52,650,000 4,650,000
Hiace Deluxe Hiace Commuter Deluxe Std Roof 2.8 Liter 6,199,000 6,890,000 691,000
Hiace Commuter Deluxe High Roof 2.8L 6,999,000 7,850,000 851,000
Hiace Tourer Deluxe High Roof AT 2.8L 7,999,000 8,950,000 951,000
Hiace Standard Roof (Diesel) 5,600,000 6,010,000 410,000
Standard Roof Dual AC (Diesel) 6,070,000 6,480,000 410,000
High Roof (Diesel) 6,870,000 7,350,000 480,000
Standard Roof (Petrol) 5,270,000 5,690,000 420,000
Standard Roof Dual AC (Petrol) 5,680,000 6,060,000 380,000
Mid Roof Dual AC (Petrol) 6,190,000 6,620,000 430,000


Toyota Increases 2020 Hilux Double Cabin’s Prices

The last price hike was announced by Toyota a few weeks ago for the new Hilux Revolution. If the ongoing trend of price hikes is any indication, we’re in for more price increases later this year. It has been a tough year for the auto industry with the stalled production and declined sales, but with such monumental price hikes happening multiple times a year, the fate of the automakers in Pakistan seems quite turbulent.

  • The mafias are trying to imbalance the government, but Imran Khan stay strong my leader These mafias have learnt from Nawaz Sharif and Zardari, but they dont know that Imran Khan is different. My vote is always for you. I am hopeful that Pakistan will change in the next 5-10 years.

    • Imran khan is our leader in cricket, somehow trying hard to prove himself with politics……..with no success

  • MISLEADING NEWS! only top 1% of 1% buys these cars (i.e. Jahangir Tareen, Khusro Bakhtiar types) so they won’t care none about this hike……………….. LAME Propak

  • Keep going Monopolistic Feudals of Auto industry… namely Toyota- Honda & Suzuki…
    Keep raising price to a point where no one can buy your cars and these Monopolistic giants die a natural death….

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