Indus Motor announces another massive price hike for Toyota cars


For the third time in four months, Toyota Indus Motor Company (IMC) has raised the prices of its locally manufactured cars. The rise is being attributed to growing freight rates and material costs, according to the manufacturer.

Effective immediately, the new prices are as follows:

VariantsOld Price (Rs.)Revised Price for New Bookings (Rs.)Increase (Rs.)
1.3 Gli M/T2,612,0002,899,000287,000
1.3 Gli CVT2,817,0003,109,000292,000
1.3 ATIV M/T2,745,0003,059,000314,000
1.3 ATIV CVT2,919,0003,229,000310,000
1.5 ATIV X M/T2,970,0003,289,000319,000
1.5 ATIV X CVT3,175,0003,499,000324,000
Altis 1.6 M/T3,380,0003,749,000369,000
Altis 1.6 A/T3,534,0003,929,000395,000
Altis SE 1.6 A/T3,892,0004,309,000417,000
Altis 1.8 CVT3,872,0004,299,000427,000
Altis 1.8 Grande CVT4,179,0004,649,000470,000
Altis 1.8 Grande CVT Black Interior4,199,0004,689,000490,000
Revo G 2.8 M/T6,947,0007,659,000712,000
Revo G 2.8 A/T7,306,0008,029,000723,000
Revo V 2.8 A/T8,030,0008,839,000807,000
Revo Rocco8,472,0009,319,000847,000
Fortuner G A/T8,569,0009,499,000930,000
Fortuner V A/T9,941,00010,949,0001,008,000
Fortuner Sigma 4 A/T10,392,00011,489,0001,097,000
Fortuner Legender10,842,00012,099,0001,257,000

Terms and Conditions 

The new prices will be introduced on all new orders beginning March 23, 2022, according to the company. Meanwhile, here is the new price implementation’s step-by-step breakdown:

Read more: Toyota Corolla Cross, Rush and Prius prices increased by 18-21%

• All orders placed until March 22, 2022, with full payment received by April 10th, 2022 and a delivery date of June 2022, will be charged the previous prices.

• Bookings received by dealerships with full payments on or before March 10th, regardless of pledged delivery month, will be charged at previous prices.

• Bookings with initial partial payments received by dealerships on or before March 10th, 2022, with confirmed delivery on or before July 22nd, 2022, and then full payments made against such bookings by May 10th, 2022, will be invoiced at 50% price increases.

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