January 2, 2020 (MLN): Indus Motor Company has raised the prices of its 1.3 Corolla Variants by Rs. 20,000, as reported by motoring website Pak Wheels.
As a result of this, the revised price of the Corolla Xli manual stands at Rs. 2,519,000, Corolla Xli automatic at Rs. 2,619,000, Corolla GLi manual at 2,769,000 and Corolla GLi automatic at Rs. 2,869,000.
While the reasons for this are unknown, it can be assumed that the persistent fall in volumetric sales and unsatisfactory financial performance forced the company to raise the prices yet again.
Previously, Pak Suzuki Motor had also raised the prices of some variants in a quest to mitigate its losses.