ISLAMABAD - Pakistan’s largest car maker company Toyota is mulling to replace XLI and GLI cars in Pakistan with a new Model, Media Reports Report save suggested.
The decision comes in backdrop of the fast devaluation of Pakistani Rupee against the US dollar in past few months.
Reports claim that Toyota has been aiming to put an end to their production of Corolla XLi and GLi and replace it with Yaris sedan. Previously, the idea was to launch the Vios instead, but it was shelved due to the crumbling of rupee against the dollar.
A simple search reveals that the registration number BQQ-861 belongs to IMC and the 1329cc sedan was registered on 19th of August 2019.
The automotive experts believe that one reason why Toyota has opted for Yaris instead of Vios is because of the price difference between both cars. Vios is available in the international market for Rs. 28,00,000 whereas Yaris is much cheaper and will be launched around the price range of Rs. 19,00,000.
A source close to the matter informed that the crisis faced by the automotive industry in Pakistan has affected each company’s plans. For Toyota , their Corolla manufacturer Indus Motor Company was closed for a total of 12 days in the month of July.