Toyota is all set to hike prices of most of its cars yet again citing the recent rupee devaluation as the reason behind the spike. This is the third time that the Indus Motor Company (IMC) will increase the prices of its vehicles. The previous two price revisions were done in light of the Pakistani rupee’s devaluation as well.

Not just Toyota, all major auto manufacturers have increased the prices of their vehicles multiple times this as year as the local currency slides in value.

Previously, IMC increased the prices by as much as Rs 300,000, which were effective from March 22, 2018. The company is yet to announce when the new price will take effect. However, sources say that the new rates will come into force after July 1, 2018.

This time, the prices will be increased by as much as Rs 1.9 million for some Toyota models.

Here is how the new prices will stand:

Toyota Corolla

Variant Previous Price (Rs.) Updated Price (Rs.) Increase (Rs.) XLi 1,894,000 1,944,000 50,000 XLi A/T 1,969,000 2,019,000 50,000 GLi M/T 2,049,000 2,149,000 100,000 GLi M/T SE 2,159,000 2,259,000 100,000 GLi A/T 2,124,000 2,224,000 100,000 Altis 1.6 2,274,000 2,374,000 100,000 Altis 1.8 M/T 2,339,000 2,489,000 150,000 Altis 1.8 CVT 2,464,000 2,614,000 150,000 Grande M/T SR 2,514,000 2,664,000 150,000 Grande CVT SR 2,664,000 2,799,000 135,000

Toyota Hilux

Variant Previous Price (Rs.) Updated Price (Rs.) Increase (Rs.) Toyota Hilux 4×2 Single Cab Standard 2,569,000 2,679,000 110,000 Hilux 4X2 Single Cab Deckless 2,319,000 2,424,000 105,000 Hilux Revo G 2.8 M/T 4,374,000 4,559,000 185,000 Hilux Revo G Automatic 2.8 4,599,000 4,789,000 190,000 Hilux Revo V Automatic 2.8 4,949,000 5,149,000 200,000 Fortuner (Petrol) 5,849,000 6,099,000 250,000 Fortuner (Diesel) 6,199,000 6,449,000 250,000

The Rest of the Models

Models Previous Price (Rs.) Updated Price (Rs.) Increase (Rs.) Hiace Standard Roof (Diesel) 4,100,000 4,400,000 300,000 Hiace Standard Roof Dual AC (Diesel) 4,400,000 4,800,000 400,000 Hiace High Roof Dual AC (Diesel) 5,100,000 5,600,000 500,000 Hiace Standard Roof (Petrol) 3,850,000 4,150,000 300,000 Hiace Standard Root Dual AC (Petrol) 4,200,000 4,500,000 300,000 Hiace Mid Roof Dual AC (Petrol) 4,650,000 4,950,000 300,000 Coaster High Roof (29-seater) 8,549,000 9,500,000 951,000 Prado 3.0 Diesel Turbo M/T 17,300,000 18,300,000 1,000,000 Prado 3.0 Diesel Turbo A/T 24,300,000 25,700,000 1,400,000 Prado 4.0 Petrol A/T 24,400,000 26,000,000 1,600,000 LC200 GX M/T (Diesel) 24,600,000 26,200,000 1,600,000 LC200 VX A/T (Diesel) 28,400,000 30,300,000 1,900,000 LC200 VX A/T (Petrol) 28,500,000 30,400,000 1,900,000 LC70 Soft Top 14,100,000 14,900,000 800,000 LC70 Hard Top 14,100,000 14,900,000 800,000 LC70 Pick Up 11,000,000 11,800,000 800,000 Avanza M/T (Petrol) 3,550,000 3,850,000 300,000 Prius 1.8 5,500,000 6,150,000 650,000

It is expected that Honda will follow in on the footsteps of the rest Japanese giants and increase the prices. Atlas Honda already increased the prices of its bikes a few weeks ago so an increase in cars’ prices is on the cards.