Extract from yesterdays paper
'On late delivery of Toyota Corolla by three to four months, he said most Corolla models were available in a month’s delivery.
The current booking scenario is due to the new-model phenomenon. Every time a new model is launched, all customers want the delivery at the same time. While Indus Motor Company (IMC) asks its customers to say no to premiums, it also takes orders on partial payment and not full payment.
“It is a proven fact that OEM (original equipment manufacturer) is not involved in charging premium to the customer. The industry has already suggested a few measures to the government to curb premium,” the official said.
Published in Dawn, April 19th, 2015'