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In late 2003, the 2004 model RAV4 was given a styling update, improved equipment, and, in certain markets, a new engine. In the United States the safety structure was improved and Vehicle Stability Control made standard. The RAV4's 2.0-litre engine was upgraded with a new 2.4-litre engine in the US and Australia producing 120 kW (160 hp; 160 PS ...
The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) encourage foreign investments for new automobile brands to enter the Pakistani market. The leading manufacturers in the automobile industry in Pakistan are interested in introducing electric vehicle (EV) models with a wide range of ...
As of May 2008, based on a gasoline price-per-gallon cost of US$3.80 and up and the non-EV 2003 RAV4 2-wheel-drive gasoline fuel efficiency of 27 mpg ‑US (8.7 L/100 km; 32 mpg ‑imp), the RAV4 EV costs approximately 5 times less a per mile basis, and makes mileage in the RAV4 EV the cost equivalent to a 111.1 mpg ‑US (2.117 L/100 km; 133.4 ...
Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th ...
In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6] In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
Assembles Camry, RAV4 and Lexus ES, and produces engines 7,800 Toyota Motor Manufacturing Canada: Cambridge, Ontario and Woodstock, Ontario, Canada 1986 Assembles RAV4, Lexus RX and Lexus NX 9,700 Toyota Motor Manufacturing Missouri: Troy, Missouri: 1990 Produces aluminum cylinder heads 900 Toyota Motor Manufacturing Indiana: Princeton, Indiana ...
After the entry of new models and brands by new entrants and due to the significantly low benchmark interest rate of 7%, consumer financing hit an all-time high in 2021. This trend started when a new Automotive Development Policy (2016–2021) was first approved by the ECC in its meeting held on 18 March 2016.
[22] [23] During the PTI period, Pakistan's total debt and liabilities increased by 80% while during three quarters of Fiscal Year 2021-22 the trade deficit rose 70% to $35.4 billion. [24] Due to high oil prices in the international market, Pakistan's oil import bill increased by 95.9% to $17.03 billion in the last ten-months of the PTI ...