Toyota hikes car prices by millions

By: News Desk
Published: 01:16 PM, 5 Mar, 2022
Toyota hikes car prices by millions
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Indus Motor Company (Toyota) has increased prices of several models of its completely built-up (CBU) units by Rs1.16-2.28 million, reported 24NewsHD TV channel.

The company hiked prices of cars in the range of 18-21%. The company cited that decision was made following a jump in freight cost and international commodity prices.

The company increased the prices of Corolla Cross 1.8L from Rs9.249 million to Rs11.179 million, a jump of Rs1.93 million and the price of Corolla Cross Smart 1.8L variant jumped Rs2.09 million and it is now available at Rs11.959 million.

The cost of Corolla Cross Premium 1.8L has risen by Rs2.140 million to Rs12.249 million.

The price of Prius 1.8L is now priced at Rs13.389 million following a hike of Rs2.28 million in comparison to the earlier price at Rs11.1 million.

Prices of Rush GMT 1.5L and GAT 1.5L models have risen to Rs7.33 million and Rs7.62 million respectively from Rs6.22 million and Rs6.44 million respectively.