The new prices for the Toyota Yaris GLi M/T 1.3, CVT 1.3, ATIV M/T 1.3 and ATIV CVT 1.3 are Rs4.479 million, Rs4.760m, Rs4.730m and Rs5.604m, respectively.

Similarly, the ATIV X CVT 1.5 with a beige interior is now available at Rs6.255m. Yaris booking is being done with a partial payment of Rs1.5m.

It is to be noted here that the IMC cut the prices of various Yaris models by Rs73,000-133,000 in mid-March to keep their prices below Rs4 million, excluding general sales tax.

It is also worth mentioning here that the sale of vehicles witnessed a decrease during the first 10 months of the financial year 2024.

However, a significant rise was witnessed in the import of completely knocked-down (CKD) kits after the State Bank of Pakistan (SBP) relaxed import curbs.

According to Pakistan Bureau of Statistics (PBS) data, the import of CKDs rose to $72m in April from $60m in March, $50m in February, and $37m in January, suggesting an improvement in the advance booking of hot-selling vehicles.