Toyota IMC Increases Prices for the Third Time in 2022

Toyota Indus Motor Company (IMC) has raised the prices of its domestically produced automobiles for the third time this year, owing to the depreciation of the local currency, rising freight charges, and material costs.

The following new pricing is effective immediately:

Variants Old Price (Rs.) Revised Price (Rs.) Increase (Rs.)
Toyota Yaris
1.3 Gli M/T 2,899,000 3,039,000 140,000
1.3 Gli CVT 3,109,000 3,249,000 140,000
1.3 ATIV M/T 3,059,000 3,209,000 150,000
1.3 ATIV CVT 3,229,000 3,379,000 150,000
1.5 ATIV X M/T 3,289,000 3,449,000 160,000
1.5 ATIV X CVT 3,499,000 3,659,000 160,000
Toyota Corolla
Altis 1.6 M/T 3,749,000 3,909,000 160,000
Altis 1.6 A/T 3,929,000 4,099,000 170,000
Altis SE 1.6 A/T 4,309,000 4,509,000 200,000
Altis 1.8 CVT 4,299,000 4,499,000 200,000
Altis 1.8 Grande CVT Beige Interior 4,649,000 4,859,000 210,000
Altis 1.8 Grande CVT Black Interior 4,689,000 4,899,000 210,000
Toyota Hilux
Revo G 2.8 M/T 7,659,000 7,989,000 330,000
Revo G 2.8 A/T 8,029,000 8,379,000 350,000
Revo V 2.8 A/T 8,839,000 9,229,000 390,000
Revo Rocco 9,319,000 9,729,000 410,000
Toyota Fortuner
Fortuner G A/T 9,499,000 9,959,000 460,000
Fortuner V A/T 10,949,000 11,459,000 510,000
Fortuner Sigma 4 A/T 11,489,000 12,039,000 550,000
Fortuner Legender 12,099,000 12,679,000 580,000

For the current increase, the automaker has established the following terms and conditions:

    • Those who ordered before March 20, 2022, will pay the old pricing.
    • Those who ordered between March 23 and April 29 and expected delivery by June 20 will pay the old price.
    • Following the price increase, those who reserve or reserve new Toyota vehicles will pay the new fee.
    • Prices do not include transportation costs.

More Price Hikes Expected

Toyota IMC CEO Ali Asghar Jamali warned last month that price increases would continue owing to global logistical issues, rising freight costs, and declining local currency. Toyota IMC did, as predicted, raise the cost of its vehicles, which would likely lead other automakers to do the same.

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