INDU raises prices of vehicles above 1,700cc by 10%

MG News | March 12, 2019 at 04:18 PM GMT+05:00

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March 12, 2019 (MLN): The Indus Motor Company has revised the prices for locally manufactured 1,700cc and above vehicles by 10% with immediate effect, on the back of Federal Excise Duty (FED) implementation announced in the second amendment of Finance Bill 2019.

According to the notice issued by the company, the price of Corolla Altis M/T has been set at Rs. 2.96 million, Corolla Altis A/T CVT-I at Rs. 3.1 million, Corolla Grande MT-SR at Rs. 3.15 million and Corolla Grande AT-SR CVT-I at Rs. 3.3 million.

Furthermore, the price of Hilux 4x2 S/C Deckles has been revised at Rs. 2.7 million, Hilux 4x2 S/C std at Rs. 2.9 million, Hilux 4x2 S/C up/SP at Rs. 3.02 million, Hilux 4x4 S/C std at Rs. 4.2 million and Hilux -E 4x4 D/C std at Rs. 4.5 million.

Fortuner 4×4 – Sigma 4 Diesel engine has been priced at Rs. 7.52 million whereas Fortuner 4×2 petrol engine has been priced at Rs. 7.04 million.

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