Meanwhile, the Indus Motor Company (IMC) has increased prices of all its Toyota Corolla models citing change in specifications, barring Toyota XLI, by Rs20,000-60,000.
The IMC informed its authorised dealers that the new price would be effective from Thursday (March 10) for all the deliveries, including orders in hand, starting from May 2016.
The company has announced improvements in Corolla specifications from May 2016. However, it would share the details of specifications later with the dealers.
After adding Rs20,000, Corolla GLI manual and automatic transmission would cost Rs1.784 million and Rs1.859m, respectively.
The new price of AT-1.6, Altis AT-1.8 and Altis CVT-1.8 would be Rs1.994m, Rs2.069m and Rs2.194m, showing a jump of Rs25,000.
The price of Altis Grande MT and Altis Grande CVT has been increased by Rs60,000 to Rs2.229m and Rs2.379m, respectively.
In the 1,300cc and above segments, sales of Corolla rose 23pc to 39,069 units in July-February FY16 from 31,042 a year ago.
Customers seeking early delivery are buying the model by paying a premium of Rs100,000 on spot sales at showrooms.
Car sales in high gear - Newspaper - DAWN.COM