Key Takeaways
- Toyota has slashed prices for its Corolla Cross hybrid variants.
- The reduction follows a government decrease in sales tax on locally manufactured HEVs.
- Prices for the Corolla Cross HEV X and Corolla Cross HEV have been cut by Rs. 570,000 and Rs. 550,000 respectively.
Toyota has announced significant price reductions for its Corolla Cross hybrid models, effective September 13, 2026. The company has lowered the price of the Corolla Cross HEV X to Rs. 9,729,000, marking a reduction of Rs. 570,000 from its previous price of Rs. 10,299,000.
Similarly, the price of the Corolla Cross HEV has been reduced to Rs. 9,299,000, a decrease of Rs. 550,000 from its previous price of Rs. 9,849,000. These reductions come after the government decreased the sales tax on locally manufactured hybrid electric vehicles (HEVs) with engine capacities up to 2,000cc.
The price hike for these models occurred on July 8, 2026, when the sales tax on locally manufactured HEVs increased from 8.5% to 25%. This change pushed the Corolla Cross HEV X to Rs. 10,299,000 and the Corolla Cross HEV to Rs. 9,849,000.
Following the government's subsequent reduction in the sales tax from 25% to 18%, several manufacturers, including Toyota, have adjusted their prices. Toyota's move to lower the prices for the Corolla Cross HEV X and Corolla Cross HEV reflects the government's efforts to make hybrid vehicles more affordable for consumers.
The reduction in prices is expected to benefit potential buyers who were deterred by the earlier price hikes. With the new prices, the Corolla Cross HEV X and Corolla Cross HEV are now more accessible to a wider range of customers in the Pakistani market.
The price adjustments are set on an ex-factory Karachi basis, indicating that the changes will be implemented across the country. This move by Toyota is part of a broader trend among automakers to respond to government policies and make their products more competitive in the market.
