Toyota’s Indus Motor Company (IMC) has announced a massive increase in the price of Toyota Corolla Altis 1.8 CVT in Pakistan and the announcement comes just days after the company hiked prices for Corolla Altis 1.6 CVT and 1.6 CVT (Special Edition) alongside certain variants of the Toyota Hilux Revo.
In a notification, the company said, “In addition, the volatile situation of Forex, increase in utilities and overheads have also impacted the cost of manufacturing for IMC. Thus, this situation has made it extremely difficult for IMC to hold the current retail selling prices, and therefore, we are compelled to pass on some impact to the market,” which is the exact same reason given by the company in the previous hike.
According to the notification, the new price of Toyota Corolla Altis 1.8 CVT in Pakistan is now Rs. 5,639,000 compared to the old price of Rs. 5,269,000, which is an increase of Rs. 370,000. Furthermore, we have compiled the recent change in three Toyota Corolla models in the table below.
Toyota Corolla Altis Price in Pakistan
|Variant||Old Price (PKR)||New Price (PKR)||Difference (PKR)|
|Altis 1.6 CVT||4,789,000||4,979,000||190,000|
|Altis 1.6 CVT U/S||5,279,000||5,479,000||200,000|
|Altis 1.8 CVT||5,639,000||5,269,000||370,000|
Terms and Conditions
- All orders of Corolla 1.8 CVT as of 28 November 2022, will be invoiced as per the previous price, with full payment paid on or before December 20, 2022.
- The prices may change due to changes in Forex, Government Levies (including FED, CVT), tariff policies, import policies, etc and the customer will be responsible to bear the impact of such changes.
- The above prices are provisional and final price prevailing at the time of delivery will be applicable.
- These are ex-Factory prices.
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