IMC Offering Free Registration on 1.3L Toyota Corolla Variants

IMC Offering Free Registration on 1.3L Toyota Corolla Variants 1

Amid massive slowdown in sales, Indus Motor Company is now offering “free registration” on all 1.3 liter Toyota Corolla variants. This offer is limited to the booking of first 1,000 units.

Related: Auto Industry Begins the New Fiscal Year with 50% Decline in Sales

Toyota Corolla which is country’s best selling car started this fiscal year with poor sales. In July 2019, IMC sold only 1,981 units of Corolla sedan as opposed to 4,566 units sold in July 2018. This is a massive -56% reduction in sales compared to the figure from previous year.

IMC Offering Free Registration on 1.3L Toyota Corolla Variants 2

The imposition of FED and added duties & taxes has pushed the prices of cars out of the reach of masses and has badly dented the sales of locally assembled cars, including the bestselling Corolla. The current 1.3 liter Toyota Corolla variants are priced between PKR 24.99 lac and PKR 28.49 lac.

Related: Indus Motor Company Posts 13% Profit Decline

Indus Motor Company thus looks to lure buyers with these incentives in order to patch up the declining sales. The company is also working on to introduce a new entry level sedan– the Yaris most likely towards the end of this year.

0 0 vote
Article Rating

About UsmanAnsari

A 3d animation professional with over 19 years of industry experience, an avid car enthusiast, petrolhead and social media influencer. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com

View all posts by UsmanAnsari
Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
LaLa
LaLa
10 months ago

isi tara k laaray lappay daingay but price kam nahi karain gey ye loge

تنویر امام
تنویر امام
10 months ago

یہ لوگ قیمتیں کم کرنے کے علاوہ سب کچھ کریں گے۔