Toyota Pakistan Announces Massive Price Hike upto Rs. 2.28 Million

Just like Kia Motors, Toyota Indus Motor Company (IMC) has increased the prices of its CBU vehicles. It issued a statement highlighting that the price hike was essential by the recent increase in Regulatory Duty (RD) on imported CBU vehicles.

Henceforth, the cost of its vehicles has risen to Rs. 2.28 million (for the Prius).

Additionally, Toyota IMC has raised the cost of all CBUs for the second time; it did it in January for the same reason — increased RD and Federal Excise Duty (FED).

However, the Prius, Corolla Cross, and Rush are among the models that have seen a huge price hike of more than Rs. 1.1 million.