Tag: autoshow

  • Toyota Pakistan records highest monthly sales, selling 7,132 vehicles in March 2022

    Toyota Pakistan records highest monthly sales, selling 7,132 vehicles in March 2022

    Toyota Indus Motor Company (IMC) achieved a new monthly milestone in March 2022, selling 7,132 vehicles, exceeding the prior record of 7,001 vehicles sold last year in October.

    It is pertinent to mention that the manufacturer has established a monthly sales record for the third time in the last eight months, which is a remarkable achievement.

    IMC has experienced tremendous growth over almost three decades of competence in producing and marketing Toyota cars in Pakistan. It was also revealed that the recent sales are the biggest since the company’s inception in 1993, for which the business has extended gratitude to its devoted customers.

    As consumer demand has grown over time, the corporation has made significant efforts to expand its capacity in order to satisfy the demands for innovative products.

    One of the most popular models from Toyota Pakistan is the iconic Toyota Corolla, which is also one of Asia’s most popular automobiles. The latter has been quite successful for decades now, accounting for the best sales.

    Due to its relatively faster delivery period than other car brands in Pakistan, the automaker has a broad demand in the nation and appeals to a wider clientele for its durable and trusted offerings.

    Reportedly, the Toyota Yaris has a two-month delivery wait as opposed to the Honda City’s four-month delivery period.

    In order to maintain quality standards, the firm invests heavily in coaching and motivating its qualified personnel. The corporation places a strong emphasis on corporate ethics along with employee and customer safety.

    On the flip side, the corporation may have to raise prices once again due to worldwide logistical issues, rising freight costs, and the depreciation of the Pakistani rupee.

    Imported raw materials have become pricier for automakers as the rupee continues to depreciate against the US dollar. As a consequence, IMC said that overall sales may drop by nearly 15 per cent over the coming years.

  • Honda Pakistan announces a massive price hike for all cars

    Following the price hike trend by several automakers in Pakistan, Honda Atlas Cars Limited (HACL) has increased the prices of all cars by Rs 250,000 to Rs 400,000. The new prices announced by Honda are effective from today, March 26, 2022.

    Considering the flagship and most popular sedan from Honda, the new Honda Civic 2022 1.5L Turbo M-CVT, Oriel 1.5L Turbo M-CVT, and RS 1.5L Turbo LL-CVT will now cost Rs 5.399 million, Rs 5.649 million, and Rs 6.499 million, after the hike of Rs 300,000, Rs 250,000 and Rs 350,000 respectively.

    Top variants of Honda City, including City 1.5L CVT, 1.5L City Aspire Manual, and 1.5L Aspire CVT now cost Rs 3.446m, Rs 3.579 million, and Rs 3.749 million, after a jump of Rs 295,000 to Rs 300,000.

    The new price of Honda City 1.2L MT and CVT variant is Rs 3.129 million and Rs 3.249 million, which saw a surge of Rs 400,000 and Rs 300,000 respectively. After an increase of Rs 390,000, Honda’s MPV BR-V CVT S is now priced at Rs 4.079 million.

    It is worth noting that the retail price is applicable on orders made till November 2021 as well as full payment received by March 31. The current retail price is also applicable on back order and full payment till March 24 with expected delivery in June.

    Moreover, Honda revealed that 50 per cent of the price increase would be applicable on back order with expected delivery till June and full payment received till April 30.