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Toyota Indus Motor Company (IMC), like Kia Motors, has raised the prices of its CBU vehicles. It issued a statement explaining that the price increase was necessary due to the recent increase in Regulatory Duty (RD) on imported CBU automobiles. This has led the prices of its vehicles to increase up to Rs. 2.28 million (for the Prius). This is Toyota IMC’s second price increase; in January, it raised the prices of all CBUs for the same reason — increased RD and Federal Excise Duty (FED). Prius, Corolla Cross, and Rush are among the models affected by the latest price increase, and each vehicle has received a massive price increase of more than Rs. 1.1 million.

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MUHAMMAD MEHDI (LIEUTENANT COMMANDER)

10K+, NAVAL VETERAN (OPERATIONS , FACTORY MANAGEMENT ADMINISTRATION , SECURITY, IR, GOVT RELATIONS SPECIALIST)

2y

Because TOYOTA knew that PAKISTAN WOULDN'T appreciate import NOW.Again BLACKMAIL though...UNCONTROLLABLE Governance. Whole SYSTEM Needs RESET . My PPL are too GOOD and INNOCENT. Just need to HANDLE Elites tightly and rightly.

Nauman Iqbal Memon

Senior Engineering Manager | Head of Office of Airworthiness | CAMO | DOA | Part 21 | Technical Services | Part M

2y

Been in the business for decades, it is time to build it instead of assemble it, Big three are draining the economy. Quote""Pakistan has to depend on importing auto parts cars from abroad and then cars are assembled in Pakistan, which is not a very efficient way of running the country’s economy. The time has come to manufacture cars and automobiles in Pakistan now. "" https://www.globalvillagespace.com/analyzing-pakistans-automobile-industry/

I am unable to understand, Y people of Pakistan not supporting by boycotting these economy disasters.. Stop buying cars from top three automobile. They will be on track.

Pakistan has to think of build own vehicles not always relying on foreign companies, and every other month price increases without any reason

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🎤Abdul WAHAB Alam

CLSSBB / CISCOM / CSCM / CPMP / CSTL / CPCM / PGD SCM / SAP Certified Manager - Commercial at Utopia Industries

2y

Manufacturing Is Only Final Way's to Reduce Prices N Save Dollar RIP Pk Auto's They're importing Cars Instead of Making

The time has come to ban Suzuki, Toyota, Honda, Kia, Hyundai and whoever follow their path

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Rizwan Aziz

QA/QC Manager @ Alfanar Projects

2y

Shut down them

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Rizwan Aziz

QA/QC Manager @ Alfanar Projects

2y

In baygharton ko koi pochny wala hy kia

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Hassan Iqbal

CEO, H. A. S Services Pvt Ltd

2y

What about the price of Toyota Altis 1.6?

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