Toyota Indus Motor Company (IMC) has reduced the price of all locally built automobiles, which is a positive trend. Toyota IMC has been the first carmaker to lower the prices for its local automobile range. You may check the latest pricing on the Toyota IMC website.
The list below are the new prices, which take effect right away:
|Variants||Old Price (Rs.)||Revised Price (Rs.)||Decrease (Rs.)|
|1.3 Gli M/T||3,799,000||3,539,000||260,000|
|1.3 Gli CVT||4,039,000||3,769,000||270,000|
|1.3 ATIV M/T||3,999,000||3,729,000||270,000|
|1.3 ATIV CVT||4,209,000||3,929,000||280,000|
|1.5 ATIV X M/T||4,309,000||4,009,000||300,000|
|1.5 ATIV X CVT||4,569,000||4,259,000||310,000|
|Altis 1.6 M/T||4,899,000||4,569,000||330,000|
|Altis 1.6 A/T||5,139,000||4,789,000||350,000|
|Altis SE 1.6 A/T||5,639,000||5,279,000||360,000|
|Altis 1.8 CVT||5,679,000||5,269,000||410,000|
|Altis 1.8 Grande CVT Beige Interior||6,149,000||5,709,000||440,000|
|Altis 1.8 Grande CVT Black Interior||6,189,000||5,749,000||440,000|
|Revo G 2.8 M/T||9,819,000||9,169,000||650,000|
|Revo G 2.8 A/T||10,299,000||9,609,000||690,000|
|Revo V 2.8 A/T||11,349,000||10,599,000||750,000|
|Fortuner G A/T||12,489,000||11,579,000||910,000|
|Fortuner V A/T||14,279,000||13,259,000||1,020,000|
|Fortuner Sigma 4 A/T||15,069,000||13,969,000||1,100,000|
It’s interesting to note that the company’s local assembly processes have resumed at the same time as the price reductions. It is important to note that Toyota IMC just raised the prices of its local vehicles by up to Rs. 3 million, making the bulk of its vehicles unaffordable for most customers.
Even though Toyota IMC has announced a price reduction, the prices are still much higher than they were before the most recent round of price increases. The local industry will probably be affected, but it is still a positive first step.