We have seen the impact of the coronavirus outbreak on the global auto market, with factories shutting down and drops in both sales and production. This will also affect us as one of the local automakers is delaying an upcoming model.
There are reports that the launch of Toyota Yaris, which was originally set to take place on the 27th March in Lahore, will be delayed. Due to the outbreak, the launch has been postponed again with no formal date announced as per media reports. Sources say:
No firm decision has been taken about the launch as the situation is changing daily.
On the other hand, market sources are saying that the company might do a soft launch in Lahore. Toyota has already done a line-off ceremony for the Yaris at the start of March at its Karachi plant and the car was showcased to the dealers.
Now we have to wait to see, what the company decides and formally announces.
What do you think? Let us know in the comments below.