ISLAMABAD – Indus Motors Company (IMC) has raised the prices of its Toyatavehicles by up to Rs. 175,000.
The company has to shift the increased production cost resulting fromdepreciating rupee entirely on to the consumers. It bears mentioning thatthe vehicle manufacturer has increased the car prices four times over thelast year.——————————
The recent increase in prices has come in the wake of weakening rupee,which has caused imports to become more expensive. The revised prices,rolled out at the advent of the new year, fall in the range of Rs. 75,000to Rs.175,000.Model New Price Old PriceCorolla XLI M/T Rs.2,044,000 Rs.1,944,000Corolla XLI A/T Rs.2,119,000 Rs.2,069,000Corolla GLI M/T Rs.2,299,000 Rs.2,224,000Corolla GLI M/T Special Edition Rs.2,373,000 Rs.2,316,000Corolla GLI A/T Rs.2,374,000 Rs.2,299,000Corolla Altis 1.6 Rs.2,574,000 Rs.2,474,000Corolla Altis 1.8 MT Rs.2,689,000 Rs.2,589,000Corolla Grande MT-SR Rs.2,864,000 Rs.2,764,000Corolla Grande CVT-SR Rs.2,999,000 Rs.2,899,000Hilux 4×2 S/C Standard Rs.2,929,000 Rs.2,804,000Hilux 4×2 Single Cab (Up Spec) Rs.2,959,000 Rs.2,834,000Hilux 4×2 Single Cab Deckless Rs.2,674,000 Rs.2,549,000Hilux 4×4 Standard Rs.4,159,000 Rs.4,009,000Hilux Double Cab Standard Rs4,549,000 Rs.4,399,000Hilux Revo G 2.8 Rs.4,859,000 Rs.4,709,000Hilux Revo G AT 2.8 Rs.5,089,000 Rs.4,939,000Hilux Revo V AT 2.8 Rs.5,399,000 Rs.5,274,000Fortuner 4×2 HI Petrol Rs.6,399,000 Rs.6,249,000Fortuner 4×2 Diesel Rs.6,799,000 Rs.6,624,000
It also needs to be mentioned here that the customers will be required topay a withholding tax (WHT) of Rs.150,000 on the variants of Hilux 4×4 S/CSTD.
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Also, on the variants of Hilux Revo G-MT and V-AT, the WHT will beRs.200,000. On both variants of Fortuner, the WHT will be Rs.200,000.
