Indus Motors Stop Bookings Till Further Announcement

Indus Motor Company the makers of Toyota Corolla in Pakistan, has temporarily stop order bookings of their vehicles amid recent depreciation of Pak Rupees against the US Dollars.

According to the notice published in the newspapers, there has been a substantial increase in gov duties, cost & freight and cost of imported components & raw materials, due to which the company is in process of evaluating the impact.Indus Motor Company will resume the bookings with revised prices once the situation is stabilized.