Toyota Motor, the world’s top-selling carmaker, has warned that it could lose nearly $10 billion due to US tariffs introduced under Donald Trump. This is the largest expected loss reported by any company so far and highlights the financial pressure global automakers are facing. The company has also lowered its operating profit forecast for the … Read more
It has been stated that the car will run completely on solar power and won’t need any charging. Advanced solar panels will be used in making the car so that its batteries can last a long time without needing to be replaced. The project manager at Toyota, said that the solar car has a major … Read more
KARACHI: Indus Motor Company has introduced an exciting “New Year Promotion Offer” for the Toyota Corolla Cross, its premium crossover SUV. The announcement follows the SUV’s first-anniversary celebrations earlier this year, during which discounts of up to Rs0.9 million were offered. In the latest promotion, Toyota Motors is providing savings of up to Rs400,000 across … Read more
Indus Motor Company Limited (IMC), the manufacturer of Toyota vehicles in Pakistan, has announced its financial results for the fiscal year ending June 30, 2024. The company’s net sales turnover for the year decreased by 14% to Rs152.48 billion, compared to Rs177.71 billion in the previous year, mainly due to a decline in sales volumes. … Read more
Indus Motor Company (IMC) Limited will halt production from July 15 to July 22. The decision is driven by low vehicle inventory and parts shortages. Pakistan’s auto sector faces difficulties amid sluggish economic growth. The Indus Motor Company (IMC) Limited, known for assembling and selling Toyota vehicles in Pakistan, has announced a temporary shutdown of … Read more
Indus Motor Company (IMC) plans to export 50 locally assembled Toyota vehicles to Europe. Toyota Pakistan’s CEO, Ali Asghar Jamali, announced the export plans during a media briefing. The export is expected to generate $1.5 million in foreign exchange. Indus Motor Company (IMC), renowned for manufacturing Toyota vehicles in Pakistan, has announced plans to export … Read more
Japan’s transport ministry raided Toyota’s headquarters following a scandal over faulty safety data. Toyota has apologized for providing incorrect or manipulated data for safety certification tests. Toyota chairman, Akio Toyoda, apologized to customers and car enthusiasts. Japan’s transport ministry raided the headquarters of motor giant Toyota on Tuesday as a scandal over faulty safety data … Read more
Indus Motors Company has introduced two innovative facelift models of the Toyota Yaris 1.5L ATIV X CVT in Pakistan. These latest models come with internal options in Beige and Black, with a touch of style to the general sedan. The exterior of the new Yaris models has been enriched with numerous fashionable updates. Both variants … Read more
Toyota has launched the highly expected 2024 Land Cruiser Prado in Pakistan, unveiling its luxury, performance, and versatility to discerning buyers. The new model offers two variants: the 2.7L Petrol and the 2.7L Diesel, catering to diverse preferences and driving needs. The pricing for the 2.7L Petrol variant is set at Rs. 66,600,000, while the … Read more
Since its sleek redesign in 2023, the Toyota Prius has been attracting attention and outselling many of its electric vehicle (EV) competitors in the US. Toyota’s sales report for the first quarter of 2024 shows a big increase in Prius popularity. Following its win as the 2024 World Car Design of the Year, Prius sales … Read more
In a market filled with stylish designs and luxurious interiors, Toyota is emphasizing practicality with the 2024 Camry Hybrid, which reportedly offers the longest driving range among its competitors. While other automakers such as Honda, KIA, MG, and Hyundai are prioritizing aesthetics, Toyota is focusing on delivering practical benefits for its customers. The Camry Hybrid … Read more
Toyota Yaris remains a fixture in the Pakistani auto market. Despite outselling other Toyota models last year, recent data shows a slight decline in Yaris sales alongside other models. This shift in market dynamics prompted Toyota to discontinue a popular variant of the Yaris, citing it as no longer suitable for the local market. In … Read more
Indus Motor Company, recognized for manufacturing Toyota vehicles in Pakistan, has recently announced a notable decrease in the prices of its Yaris sedan lineup. The price reductions range from Rs73,000 to Rs133,000 across various models. For instance, the 1.3 MT LO, 1.3 CVT LO, and 1.3 MT Hi variants will now be priced at Rs4.326 … Read more
Honda Atlas Cars Limited reduces the Honda City 1.2L price in Pakistan. The price cut applies to both manual and CVT variants and is effective March 15, 2047. The sudden price cuts are seen as a positive move for the local industry. Following Kia and Toyota, Honda Atlas Cars Limited has reduced the price of … Read more
Indus Motor Company (IMC) lowers the prices of imported cars, pleasing potential buyers. IMC indicates estimated prices may change, effective for orders from March 12, 2024. The automotive industry in Pakistan is facing uncertainty amidst economic instability. The Indus Motor Company (IMC) has opted to reduce the prices of its imported cars, delighting prospective buyers. … Read more
For more than two years, the auto industry in Pakistan has been facing serious challenges, and now, the authorities have imposed an additional 25 percent Sales Tax on locally manufactured and assembled vehicles. As the interim government takes measures to boost funds, they have decided to apply a 25 percent sales tax specifically to locally … Read more
When it comes to keeping cargo secure in a pickup bed, tie-down straps are the usual choice. However, Toyota is exploring a new approach. Recently, the United States Patent and Trademark Office (USPTO) unveiled a patent application, filed by Toyota on June 8, 2022. The patent suggests using air bladders to prevent items from shifting … Read more
Toyota Motor has secured its position as the world’s top automaker for the fourth consecutive year with a record-breaking 11.2 million vehicle sales in 2023. However, despite this achievement, Chairman Akio Toyoda issued apologies for recent scandals affecting group companies like Daihatsu and Hino Motors. Global group sales for Toyota witnessed a significant 7.2% increase, … Read more
