Toyota raises car prices by up to Rs350,000 from Jan 2019

Indus Motor Company (IMC), which had as of late halted auto appointments, has made an enormous increment in vehicle costs following the ongoing round of rupee deterioration.

The organization has brought costs up in the scope of Rs50,000 to Rs175,000 for November and December conveyances and Rs100,000 to Rs350,000 for conveyances from January 2019 onwards.

Indus Motor reported that it would retain 100% effect on account of vehicles for which full installment had been made and conveyances were booked for October and November.

The organization will likewise bear half of the cost increment for conveyances probably planned for November and December.

"It is greatly troublesome for IMC to hold current retail offering costs and hence, we are constrained to pass on part of this effect to the market," the organization said.