KARACHI – Indus Motors being the leading seller of the flagship Toyota Corolla in the Asian region, proves that Toyota enjoys the trust of Pakistani consumers, this was stated by Miyamoto, EVP, External Affairs, Toyota Motor Asia Pacific while speaking at 21st annual dealer conference of Indus Motor Company here in Karachi, says a press release.
He congratulated the IMC on its record performance in 2012 and expressed hope that the company would face all challenges head on and continue to post substantial growth in coming years.
Chairman, IMC Ali S. Habib, in his address, mentioned that auto industry did well during FY12 despite a very challenging macro environment. However, he pointed of the current environment in the country is hostile towards domestic car production as the government policies favor import of used cars. He said not only IMC but the entire industry is suffering tremendously because of huge influx of used cars.