Toyota increases car prices by upto Rs175,000Abdul Gh Lone 7 January 2019 0 COMMENTS
The manufacturers of Toyota cars Indus Motor Company has increased prices of its vehicles by up to 175,000 rupees to completely.
According to media reports this decision was taken due to rise in cost of production resulting from rupee depreciation.
IMC, which hiked car prices four times in 2018, has again enhanced prices significantly following the recent round of rupee weakness, which made imports expensive.
It made the price revision in the range of 75,000 to 175,000 rupees from this year.