Overview: Toyota Indus Raises Prices Again Amid Rising Costs
In another surprising move, Toyota Indus has increased prices across its entire vehicle lineup in Pakistan. The company shared this update through a new price list circulated to its dealerships. As of now, models like the Corolla, Yaris, Fortuner, and Hilux will cost more.
The reason? Multiple factors—rising production costs, currency fluctuations, and ongoing inflation. This latest hike follows a trend seen earlier this year, where automakers adjusted prices due to economic pressure. Clearly, this change directly affects both new buyers and those planning to book vehicles in advance.
Get More Updates: SUVs and 4×4 Prices Dropped
Toyota Indus Price Hike Breakdown: What Changed and Why
Toyota Indus made these changes effective immediately. Prices for popular models like Yaris and Corolla have increased noticeably, while SUVs like the Fortuner and Hilux saw even steeper jumps. Below is the updated price list:
| Model | Old Price (PKR) | New Price (PKR) | Increase (PKR) |
|---|---|---|---|
| Toyota Yaris 1.3 GLi | 4,479,000 | 4,599,000 | 120,000 |
| Toyota Corolla 1.6 | 5,569,000 | 5,719,000 | 150,000 |
| Toyota Corolla Altis Grande | 6,169,000 | 6,349,000 | 180,000 |
| Toyota Hilux Revo V | 11,439,000 | 11,949,000 | 510,000 |
| Toyota Fortuner Sigma 4 | 15,909,000 | 16,459,000 | 550,000 |
Prices may vary slightly depending on region and delivery timelines.
Moreover, the company pointed to rising costs of raw materials, currency devaluation, and ongoing global supply issues. All of these have made local production more expensive. So, for Toyota Indus, the only option was to adjust prices.
Impact on Buyers and the Auto Market
Understandably, buyers are now reconsidering their decisions. Not only does this price hike affect affordability, but it also lowers the chances of a quick market recovery. Also, those who recently booked vehicles may now face delayed deliveries or adjusted invoices.
More importantly, with competition growing, other car brands might now hold a pricing edge—at least for a while.
Final Verdict:
To sum it up, Toyota Indus has responded to tough market conditions with yet another price hike. Though not unexpected, the jump in prices may push some buyers to switch brands or delay their plans. Moving forward, market stabilization and currency control will be key to restoring buyer confidence.
