IMC Might Delay Toyota Yaris Launch by February 2020

IMC Might Delay Toyota Yaris Launch by February 2020 1

Indus Motor Company (IMC) the assemblers of Toyota cars in Pakistan are in process of introducing Yaris sedan as a replacement of 1300cc Corolla variants. Images of camouflaged test mules running on our roads went viral last month as the company was geared up to introduce the new sedan towards the end of this year.

Related: IMC Testing Toyota Yaris with 2 Different Engines

Now according to information IMC might delay the launch of Yaris by February 2020. The reason behind this is probably the dreadful slowdown in sales the auto industry is currently experiencing.

Due to lack of demand, IMC has already announced to shut down all productions for the remaining days of September. This will bring the total number of non-production days to 35 from July 2019 to September 2019.

Related: Indus Motor Company to Shut Down its Plant

The company is facing a hard time clearing stocks as according to information, IMC plant and its countrywide dealership network has piled up unsold inventory of over 3,000 vehicles, while the plant is running at just 50% of its full capacity.

IMC Might Delay Toyota Yaris Launch by February 2020 7

The imposition of federal excise duty ranging from 2.5 to 7.5% on various engine capacity cars, constantly increasing prices due to rupee-dollar parity coupled with additional customs duty on imported parts and raw material and high interest rates had pushed car prices out of the range of masses.

Related: Introduction of Yaris will Open Doors to the 12th Gen Corolla in Pakistan

However according to sources, despite a turbulent sales period there is no change in Yaris launch plans yet. The company needs to have some sort of representation in 1300cc segment since the new 12th generation Corolla has started to replace the 11th gen model in most markets already, and IMC can’t deploy their tried-and-tested 1300cc 2NZ-FE engine in the TNGA-based new Corolla.

IMC Might Delay Toyota Yaris Launch by February 2020 8

The 11th gen Corolla was introduced in Pakistan back in 2014 and will complete its production life span most likely by mid 2020, after which we might be able to see the next generation Toyota Corolla in Pakistan.

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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

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تنویر امام
تنویر امام
1 year ago

ایسا لگتا ہے کہ انڈس موٹرز کو 2020 کے آخر تک یاریس لانچ میں تاخیر کرنا پڑے گی۔

Lala
Lala
1 year ago

what else can you expect from this economic slowdown? after all he said “inko rulaaon ga”
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