Increase in prices of Toyota Cars by Indus Motors
Indus motor company increased the prices of Toyota Cars by 18-21%. The prices are revised from Rs 287,000 to up to Rs 1,257,000 depending on the model & variant. IMC has given a massive shock to the buyers with the new retail prices.
Indus Motors Company (IMC) increased the prices of Toyota cars of several models. The company built-up unit (CBU) prices are increased by Rs1.16-2.28 million. As per the reports, this jump is due to the freight cost and international commodity prices. Topline Securities analyst Sunny Kumar said that the company hiked prices of cars in the range of 18-21%.
This increase in prices has given a massive shock to the buyers of the Toyota cars. The buyers who booked cars from 23rd March have to bear this. The increment in prices is not in thousands it is i...