Indus Motor Company (IMC) will discontinue the Toyota Yaris 1.3 CVT AERO variant soon. Dealerships are requested to update their price lists and inform their sales teams. • The reason for discontinuing the Yaris 1.3 AERO is not disclosed. Today, Indus Motor Company (IMC) revealed that it will stop production of a variant of its … Read more
Toyota IMC halts production due to part shortage from import restrictions. Plant closed from July 21 to August 3. LC non-issuance and supply chain disruptions cause challenges. Toyota Indus Motor Company (IMC) once again suspends production due to part shortage caused by import restrictions. The assembly plant will be closed from July 21 to August … Read more
KARACHI: Despite Pakistan having one of the biggest coastal line and continental shelf areas, the country has failed to tap the potential of the blue economy, said Dr Ahsan Iqbal, federal minister for planning, development and special initiatives. Speaking at a session of the International Maritime Conference (IMC) 2023, he said the utilisation of maritime … Read more
KARACHI: Toyota will invest over $100 million for the local production of hybrid electric vehicles (HEVs) in Pakistan. The investment would go towards localisation of components, plant expansion and production preparation for the first hybrid electric vehicle to be manufactured at the Indus Motor Company Limited (IMC) plant located at Port Qasim, Karachi, said Ali … Read more
KARACHI: The Indus Motor Company has declared a final cash dividend of Rs36.5/share for the year ended June 30, 2021, which is in addition to the interim dividend of Rs67/share already paid to the shareholders. Indus Motor posted a net profit of Rs12.82 billion, translating into the earnings per share (EPS) of Rs163.21 for FY21, … Read more
