In this article, we will list down the details of the Indus Motor Company IMC is planning to launch a 1000cc Toyota in Pakistan. No other details have been disclosed yet but we are looking forward to it as it is a great initiative by IMC to introduce small cars 1000cc Toyota in Pakistan.
Table of Contents
Overview
IMC CEO Jamali may decide to look at what Daihatsu has to offer as he thinks Toyota lacks the expertise to make small cars, such as the Wigo. Since Daihatsu is a wholly-owned subsidiary of Toyota and is well known for fiercely competing with Suzuki in the Japanese domestic market with a variety of high-quality small cars.
Realistically speaking, the IMC boss’s assertion that Toyota lacks experience in producing compact cars is untrue. In fact, Toyota and Honda have historically been hesitant to enter Pakistan’s small car market due to Suzuki’s absence in sedans (or the 1300cc & above class).
Toyota Cars History In Pakistan
Toyota Motor Corporation (TMC), Toyota Tsusho Corporation (TTC), and several House of Habib firms from Pakistan, are partners in the joint venture known as Indus Motor Company Limited (IMC).
The Company, which was founded in 1989, produces and sells automobiles under the Toyota brand in Pakistan. Several variations of the popular “Corolla” and “Yaris” models in the passenger car market, “Hilux” in the light commercial vehicle segment, and “Fortuner” in the sports utility vehicle segment are among them.
Why Toyota Plan To Launch 1000cc Toyota In Pakistan
Toyota provides a wide range of high-quality small vehicles in many different countries, but according to IMC CEO Ali Asghar Jamali, “Toyota does not have expertise in small car manufacturing.” In December 2016, he said these things during the Toyota Hilux Revo and Fortuner’s launch event.
While there are countless small Toyota automobiles available in Japan, such the Passo, Vitz, and Pixis, which are still popular in our nation due to used JDM imports, there are also many other possibilities accessible in other markets that weren’t originally planned to be sold in Pakistan. One such car is the Toyota Wigo, whose most recent model was just introduced in Vietnam and the Philippines.The car is sold under the different nameplates on the international market such as Perodua Axia, Toyota Agya, and Daihatsu Ayla.
Toyota Locally Assembled Cars In Pakistan
Indus Motor Company (IMC), the local producer of Toyota vehicles in Pakistan, has already declared its intentions to begin generating hybrid automobiles back in September 2021. In a notification filed to the Pakistan Stock Exchange (PSX) that month, the global automaker had announced that it will invest $100 million over the following three years in the domestic production of hybrid electric vehicles (HEVs).
This had come after the government’s statement in the Finance Act 2021 to relieve a variety of taxes and tariffs in an effort to encourage Pakistani automakers to produce greener vehicles locally.
Toyota claimed that the State Bank of Pakistan’s (SBP) limitations on the import of Completely knocked-down (CKD) kits are the main cause of the reduction. The HEV assembly plant, according to the corporation, is on pace, thus the Corolla Cross could really make its premiere this year.
Toyota 1000cc Imported Cars In Pakistan
The Toyota Passo is a small hatchback vehicle. Its front engine has a 1000cc displacement. The 5-speed manual transmission and more fuel-efficient cars in Pakistan offer a better driving experience. In Pakistan, the Vitz’s third generation is a 1300cc automobile. While its predecessors have an engine with 1000cc. The Toyota Belta is one of your best choices among 1000cc automobiles if you choose a sedan or saloon over a hatchback.
Conclusion
IMC launching of new small cars 1000cc Toyota in Pakistan is a good decision as it is the need of the time. Small cars and fuel efficient cars are needed in Pakistan because of the current on going crisis of inflation in Pakistan.
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