Toyota cuts Yaris price in Pakistan. Indus Motor Company, a leading player in the automotive sector, has announced a significant reduction in the prices of its popular sedan model, the Toyota Yaris.
This decision stands in stark contrast to the trend observed in the industry, where other manufacturers have been steadily increasing prices following the imposition of sales tax.
Rupee’s Appreciation against Dollar Spurs Price Reduction
The decision to lower the price of the Toyota Yaris by Indus Motor Company has been attributed to the recent appreciation of the Pakistani rupee against the US dollar.
This unexpected price drop, amounting to Rs1.3 lac, is expected to provide much-needed relief to consumers grappling with escalating costs in the automotive market.
Revised Pricing for Various Yaris Variants
Following the price adjustment, the Toyota Yaris is now more accessible to a wider range of consumers. The revised prices for different Yaris variants are as follows:
- 1.3 MT LO: Rs4.326 million
- 1.3 CVT LO: Rs4.616 million
- 1.3 MT Hi: Rs4.586 million
- Yaris CVT Hi: Rs4.766 million (reduced by Rs133,000)
Auto Sector Grapples with Economic Challenges
Despite this positive development, the auto sector in Pakistan continues to face significant challenges.
Record-high interest rates and soaring production costs have created a turbulent operating environment for manufacturers, resulting in fluctuating car prices and a decline in overall sales within the industry.
In light of the prevailing economic conditions, the decision by Indus Motor Company to lower the prices of the Toyota Yaris comes as a beacon of hope for car buyers across Pakistan.
As Toyota cuts Yaris price in Pakistan, consumers can look forward to more accessible options in the automotive market.
| Models | Old Price | New Price | Difference |
| Yaris 1.3 MT LO | Rs4,399,000 | Rs4,326,000 | Rs73,000 |
| Yaris 1.3 CVT LO | Rs4,689,000 | Rs4,616,000 | Rs73,000 |
| Yaris 1.3 MT Hi | Rs4,659,000 | Rs4,586,000 | Rs73,000 |
| Yaris CVT Hi | Rs4,899,000 | Rs4,766,000 | Rs133,000 |
