Business
Toyota announces a massive price increase for all vehicles
Toyota Indus Motor Company (IMC) has announced a massive price increase for all of its completely knocked down (CKD) units.
Here are the new prices:
| Model | Old Price (Rs) | New Price (Rs) | Total Increase (Rs) |
| Toyota Yaris | |||
| 1.3 Gli M/T | 3,039,000 | 3,799,000 | 760,000 |
| 1.3 Gli CVT | 3,249,000 | 4,039,000 | 790,000 |
| 1.3 ATIV M/T | 3,209,000 | 3,999,000 | 790,000 |
| 1.3 ATIV CVT | 3,379,000 | 4,209,000 | 830,000 |
| 1.5 ATIV X M/T | 3,449,000 | 4,309,000 | 860,000 |
| 1.5 ATIV X CVT | 3,659,000 | 4,569,000 | 910,000 |
| Toyota Corolla | |||
| Altis 1.6 M/T | 3,909,000 | 4,899,000 | 990,000 |
| Altis 1.6 A/T | 4,099,000 | 5,139,000 | 1,040,000 |
| Altis SE 1.6 A/T | 4,509,000 | 5,639,000 | 1,130,000 |
| Altis 1.8 CVT | 4,499,000 | 5,679,000 | 1,180,000 |
| Altis 1.8 Grande CVT Beige Interior | 4,859,000 | 6,149,000 | 1,290,000 |
| Altis 1.8 Grande CVT Black Interior | 4,899,000 | 6,189,000 | 1,290,000 |
| Toyota Hilux | |||
| Revo G 2.8 M/T | 7,989,000 | 9,819,000 | 1,830,000 |
| Revo G 2.8 A/T | 8,379,000 | 10,299,000 | 1,920,000 |
| Revo V 2.8 A/T | 9,229,000 | 11,349,000 | 2,120,000 |
| Revo Rocco | 9,729,000 | 11,999,000 | 2,270,000 |
| Toyota Fortuner | |||
| Fortuner G A/T | 9,959,000 | 12,489,000 | 2,530,000 |
| Fortuner V A/T | 11,459,000 | 14,279,000 | 2,820,000 |
| Fortuner Sigma 4 A/T | 12,039,000 | 15,069,000 | 3,030,000 |
| Fortuner Legender | 12,679,000 | 15,839,000 | 3,160,000 |
After declining for 10 straight sessions in the interbank market as the country’s foreign exchange reserves continued to shrink, the Pakistani rupee managed to make a small gain of a few paisas against the US dollar.
Read more: Cheapest new cars in Pakistan
The ongoing depreciation of the local currency has shown a significant negative impact on the purchasing power of the masses.
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