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Competition Commission of Pakistan initiates an inquiry into Indus Motors’ business practices
After receiving complaints of ‘excessively vague nature of purchase contracts’ on Indus Motors’, the Competition Commission of Pakistan has launched an inquiry. Talking with Express Tribune, an anonymous source stated that Indus Motor was abusing its dominant position in the market and was treating its clients ‘unfairly’ and the price at which the booking orders are placed is changed randomly without any notification or reason and the buyers are forced to pay high prices. Booking orders are too vague that the buyer is not sure about the exact price and delivery date and the company also recovers the cancellation charges. …
Posted in News
1,073 views
Why Indus Motors decided to close down for a while and how it is the only one to be blamed
Although government had announced late last year that the automakers should prepare and switch over to Euro-II emissions standards by July 2012 however, Indus Motors was short-sighted in making the necessary change to bring Corolla to match the Euro-II standards and thusly, had to increase the prices overnight when the deadline of July to switch over to Euro-II standards had passed and companies hastily switched over to the new Euro standards which sent the customers, who had booked their cars on pre-increase prices, into a shock from which 1800 customers decided not to return and asked for a complete refund. …
Posted in Articles
2,860 views
Pak Suzuki and Indus Motors have decided to shut down their factories
We still remember President’s interview to some TV channel where Mr. President said that everything fine and dandy in Pakistan, it’s just the interviewer who thinks that there are problems. Apart from the problem we reported on the previous post, here’s another grave problem on the brink of which lies thousands of jobs. Indus Motors and Pak Suzuki have decided to close down their plants temporarily to control their expenses and the production volume as demand has fallen down by a great margin. While the economy is in shambles which makes up one important and major influence on the problem …
Posted in News
4,594 views
Indus Motors is testing two hybrid vehicles to introduce in Pakistan
According to Toyota international’s website, there are currently six hybrid cars currently in the market by Toyota. Those are Camry, Highlander, and four different version of Toyota’s most popular Hybrid, Prius. Like usual, Indus Motors has not revealed which two hybrid cars are they testing in Pakistan, but it is highly unlikely that they will be either Camry or Highlander which leaves us with the Prius line of Hybrid vehicles. The best options to bring into Pakistan are undoubtedly the Prius and the Aqua (also called Prius C), whereas the later gives an amazing 35 KM per liter, the Prius …
Posted in News
5,846 views
Toyota Corolla is the best selling car in the world
Latest sales figures of the first quarter of 2012 have given us the results of what cars sold the most throughout the world and as it comes as no surprise, two of the top three best-selling cars in the world are Toyotas. During the first three months of 2012, Toyota Corolla took the top spot of the best selling car in the world with 300,800 cars sold with the Ford Focus trailing in the second spot with 277,000 cars sold and third most selling car was the Toyota’s flagship Hybrid vehicle, the Prius with 247,230 cars sold around the globe. …
Posted in News
1,298 views
Local auto assemblers increased prices of car by almost 70% during the last 5 years
Prices of every commodity has increased during the last five years under the current government. Many owe this increase viable to dollar and Pak rupee parity and the unstable economic and financial environment where most of the money has moved abroad and little has moved inbound. Ministry of Industries posted the data after the question raised by MNA Shaikh Rohale Asghar about model-wise ratio of increase made in the prices of cars since March 2008 till date by the manufacturing companies and the reasons of the increase. While Indus Motors have increased the maximum prices of its vehicles by 69.13 …
Posted in News
1,121 views
Indus Motors finally shuts down Cuore’s production
We first reported that Indus Motors is going to stop producing the only small car it assembles, Daihatsu Cuore. However, we also said that it is planning to introduce another small car which we have no no clue about while the later is still in thin air but the Coure is now officially shut down after serving 11 years in Pakistan. “We have shut down Daihatsu Cuore’s assembly plant,” said IMC CEO Parvez Ghias, on the sidelines of a research launched at NED University on Monday. “Coure had lived its life. The product life cycle had come to an end.” …
Posted in News
3,399 views
Indus Motors considers LPG cars after CNG ban
Ever since the ban was forced upon the import of CNG in the wake of the prolonged natural gas crisis, it has forced auto assemblers to look for other options as their sales have been witnessing decrease as the number were largely made up of cng cars’ sold. Now Pakistani auto assemblers are considering to introduce LPG kit fitted cars which is a good decision taken so late that it is a bad one now because if LPG has been introduced during the availability of CNG kits, the buyers and consumers could’ve enjoyed lower prices on fuel as well as …
Posted in News
2,092 views
Toyota Fortuner to be assembled in Pakistan
The Toyota Fortuner is a 4×4 SUV based on the Hilux platform currently being imported in Pakistan by Indus Motors however, our sources have revealed that the Fortuner will be assembled here in the coming months. The imported Fortuner has a listed price of 7.6 million PKR on the Indus Motors website, prices are expected to come down as had happened with the Toyota Hilux Vigo when it began assembling locally. Fortuner is available in both 2×4 and 4×4 with different engines however, only 4×4 version with a 2.7 liter VVTi engine is being currently imported but as well know …
Posted in News
6,177 views
Winners of Indus Motors’ “Dream Car” contest
Dream car art contest is an international contest organized by Toyota for children to explore their imagination to draw the car of the future. More or less, it is indeed the only competition of its type held in Pakistan where children as well as parents can also know that today; cars are designed by Transportation, industrial and automotive designers, not by engineers. These children, although young but they certainly observe the problems around them and most of the entries made by Pakistani young guns were to solve their country’s problem with their creative imagination. It sorts of make me proud …
