Best seller: Indus Motor to unveil new Corolla by end-2014

Published: March 29, 2013

Indus Motors had been working on at least three feasibilities of economy cars.

KARACHI: 

During the meeting with the journalists, Indus Motor CEO announced that his company was working on the launch of new generation of Toyota Corollas by the end-2014.

Corolla is the flagship car of Indus Motors which has a dominant market share of over 70% in the 1,300cc-engine category in Pakistan.

Apart from that, Indus Motors had been working on at least three feasibilities of economy cars over the last few years but could not succeed, he said, adding that “it is unfortunate that we worked on three models in the last few years, but owing to high cost of production we did not start assembling any of those economy cars in Pakistan.”

“Automobiles companies all over the world love to launch a new model upon the discontinuation of any older model, but we were unfortunate that we could not replace our Daihatsu Cuore despite all our efforts,” he said.

When Indus Motors discontinued its Cuore a year ago, it used to sell 12,000 units of Cuore annually. That discontinuation paved a clear road for Pak Suzuki for its Suzuki Mehran – its only rival in the 800cc-engine category in the country.

Published in The Express Tribune, March 29th, 2013.

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Reader Comments (19)

  • ahsan
    Mar 29, 2013 - 1:45AM

    They can’t even provide power windows and safty airbags in a 1.6 million rupees car. Toyota motor co should take some action against the indus motor company for not even providing safty measures in such an expensive car.Recommend

  • Haroon Rashid
    Mar 29, 2013 - 12:07PM

    With the best record of Thailand made kit cars painted with imported paints, to finished product with General tyres, and plastic wrapped on seats tagged Made in Pakistan had been commercial success despite lack of standardisation QC per JAMA.
    Toyota policies the franchisee IM to go for environment friendly/quality products at competitive prices with innovation/value for money to the consumer.
    With Toyotas leadership in hybrid technology which is perfect match to the alternate fuel, environment, emissions, and value to the end user. A hybrid made in Pakistan will easily grab the SAARC regional markets as it is not produced in the region and will make it a business case as India has grabbed the EU markets.
    If IM will not make an instant decision, GM is seriously considering entering Pakistan with hybrid technology for local production, and will grab the regional market as well from Pakistan which Toyota couldn’t do.
    IM try hard to exist in the market place, instead of selling premium/black market prices for Corollas in the shortage market of the 3S dealership.

    Recommend

  • Dhaka
    Mar 29, 2013 - 12:41PM

    These cars looks like 80′s car in dhaka city.They are still in pakistan roads!!

    Recommend

  • Zeeshan
    Mar 29, 2013 - 2:20PM

    Why cant they bring over Toyota Vios recently released in Malaysia as a family budget car with economical fuel consumption and smaller in size than Corolla, which is much better for our crowded roads.
    http://www.fastmotoring.com/index.php/2013/03/new-toyota-vios-2013-revealed/Recommend

  • Mika
    Mar 29, 2013 - 2:32PM

    @Dhaka:
    So you guys have 2021 model there?

    Recommend

  • Abused Customer
    Mar 29, 2013 - 2:43PM

    I wish Suo moto action is taken against such companies for producing sub standard cars lacking even standard features.
    I will be the very happy when Europens will enter the market.Recommend

  • Mar 29, 2013 - 2:55PM

    Pakistan is generations behind in road safety and cars than most countries. By global standards, a vast majority of Pakistani cars, if presented to group of officials from USA and Australia, for example, would not even pass their roadworthy tests. XLL brakes, 6-7 fitted airbags, automated fuel transmission are some of the things that are required by law, for any car to be driven on the roads in Australia and America, but here in Pakistan, no one cares about it.

    Road reforms are need of the hour.

    Recommend

  • Dhaka
    Mar 29, 2013 - 3:20PM

    @Mika:
    We are much better than you guys.Tell me which area you are leading than us.Export,gdp growth etc… you name it??.A close relation with India and china make us a leading financial hub.

    Recommend

  • PTIMardan
    Mar 29, 2013 - 4:41PM

    @Dhaka:
    We are much better than you guys.Tell me which area you are leading than us

    Well at least i can think of one area,Global Warming!

    Recommend

  • Mukmuka
    Mar 29, 2013 - 4:42PM

    Indus Motor assembler of Toyota Corolla authorised dealership of Godil Number One dealer in Middle East for spot available Corolla always with ON money Hazir Mal. Mukmuka.

    Recommend

  • Mika
    Mar 29, 2013 - 4:45PM

    @Dhaka:
    Last time I checked Pakistan’s GDP was twice as much as Bangladesh.

    The best thing albeit not perfect that Pakistan is Islamic Republic and Bangladesh is People’s Republic.

    Recommend

  • Affan Khan
    Mar 29, 2013 - 5:11PM

    @dhaka.. ur GDP is $110 billion ourz $240 billion …. urz Purchasing power $ 283 billon ourz $ 514 billion … u lead no where… y u jumping that much

    Recommend

  • Bashir
    Mar 29, 2013 - 6:39PM

    @Dhaka: We are , surely, leading in population growth.

    Recommend

  • antanu g
    Mar 29, 2013 - 6:52PM

    @Affan Khan:
    he actually wanted to write DELHI… forgive him. biased attitude results in foggy mind.

    Recommend

  • Dhaka
    Mar 30, 2013 - 1:35AM

    @Affan Khan:
    A close relation with both China and India made us a leading emergimg market.You can convey o us that you have close relation with China,but sorry to say that it is only a master slave relationship in which pakistan will not gain any thing other than politics..

    Recommend

  • Touseef Ahmed
    Apr 11, 2013 - 10:33AM

    @ Dhaka:
    “China and India” where do you yourself stand?
    UAE has banned working visa for bangalies. This is how world treats you. These “80s” cars are being sold in UAE as a new car under Toyota flag. Now tell the world how your countary is better than UAE?

    Recommend

  • Mukmuka
    Apr 27, 2013 - 11:47AM

    Toyota’s major investor for grey market sale is 3S dealership Toyota Central which has car in ready always ready in stock, at premium ON money paid cash.

    Recommend

  • Bootstraps
    Apr 27, 2013 - 6:18PM

    @Dhaka:

    Yes. Im sure post 2008 toyota corollas were plying the streets of Dhaka in the 80s. As we’re other cars made after the year 2000. Well done!

    Recommend

  • Azeem.
    May 3, 2013 - 6:53AM

    why am i even reading this its so boring, were talking about a corolla that costs over 1.5 million rupees yet does not even have airbags or a powerful enough engine, seat two people int he car and it wont be able to climb the smallest of inclines. Buying a new car like this one in Pakistan these days is just foolish.

    Recommend

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