There is a great deal of consternation in the air around the prices of Toyota automobiles due to the fact that business executives are saying one thing, while their official website was showing another thing. And by this point, you must also be perplexed, right? Don’t worry, just bear with us as we explain.
Today the pricing of both the Toyota Corolla and the Toyota Yaris were changed on the Toyota Pakistan website, which caught our attention. According to the latest information, the price of a Corolla has supposedly climbed by approximately Rs. 6 lacs, while the price of a Yaris has apparently increased by approximately Rs. 3 lacs.
ToyotaCorolla's highest vairant now costs 5.4million PKR only, according to Toyota Pakistan website. 😲 pic.twitter.com/nCjgZmaRLv
— Pakistan Ka Showbiz (@ShowbizKa) July 19, 2022
One illustration would be as follows: the price of a Toyota Corolla Altis Grande with a black interior at the moment is Rs. 4,899,000, but the website was displaying the increased price as Rs. 5,479,000. In the meantime, the price of the Toyota Yaris ATIV X CVT 1.5L, which is the top of the line option, has been reduced to Rs. 3,659,000 from Rs. 4,059,000 in the most recent price update. And for your viewing pleasure, here are some screenshots taken from the Toyota website.
What does Toyota Pakistan have to say?
We got in touch with Toyota Pakistan to get the company’s official stance, and they denied the news. “Agency was monitoring placeholder prices,” he added after saying that “We have not increased prices.” Therefore, the answer from the management of the corporation is “no” for the foreseeable future.
On the other hand, we should anticipate an increase in cost within the next few days as a result of the fact that the government has decided to levy a withholding tax and a Capital Value Tax (CVT) on automobiles. On top of that, the State Bank is not issuing letters of credit for the import of CKD kits, which means that the value of the rupee against the dollar is continuing its downward trend. In addition, freight charges are high, and gasoline prices are continuing to rise.
As a result, we believe that it is only a matter of time before prices move higher, as this is the most likely outcome. And not just Toyota’s, but also the practises of other corporations will soon follow suit.
Read more: Toyota introduces all new Toyota Crown
Toyota Altis 2022
In many respects, the Toyota Corolla Altis 1.6L can be described as an autonomous and intelligent vehicle. The electrically driven elements of it provide a high level of convenience and are simple to operate. Because it has electric power steering (EPS), driving the vehicle requires the driver to exert the least amount of effort possible.
In a similar manner, the transmission of it is regulated electronically. The gearing that is provided by the mechanism of the 4-Speed Automatic Super Electronically Controlled Transmission is suitable for any circumstance. Because of the integration of an electronic gear controlling system, the gears will automatically move to higher or lower gears depending on the speed changes and intelligence.