Advertisement


Advertisement

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Help Toyota Etios will come with Rs 5.25 lakh tag
Advertisement
#1
[Image: thumb.cms?msid=6992289&width=300&resizemode=4]

Toyota is all set to make a pitch for the Indian car market as it launches Etios, the entry-level sedan, at an aggressive entry price of around Rs 5.25 lakh.

The car, the most ambitious product from Toyota’s stable, has been specifically designed keeping in mind India and other emerging markets and will take on well-established models like Maruti Dzire , Tata Indigo and Honda City .

The carmaker’s seriousness with Etios, for which it has invested Rs 3,200 crore on a new plant near Bangalore with an annual capacity of 70,000, can be gauged by the fact that it will be launched by Toyota’s global president Akio Toyoda.

Industry sources said the car, which will sport a 1500cc petrol engine, is likely to carry an ex-showroom price of around Rs 5.25 lakh. “It will be placed around this price point as Toyota wants an aggressive stance in the market,” said a source. A diesel version of the sedan will be launched late next year, though its hatchback version (with a smaller petrol engine) will be launched in March 2011.

Toyota deputy MD Sandeep Singh declined to comment. “The exact price will be known on December 1, when we launch the car. Deliveries for the model will begin in January.”

With the Etios, Toyota plans to garner a higher market share of the fast-growing Indian car market which, along with China, is the world’s fastest growing. Toyota currently is a small player in India, though it enjoys a strong position in segments where it is present.

Its current line-up in India includes multi-purpose vehicle Innova, luxury sedans, Corolla and Camry, and SUV Fortuner and it hopes to sell around 73,000 units this year, expecting to double this to about 145,000 units after the launch of the Etios.

The company currently has low single-digit share of the Indian car market and said it wants a 10% share. With Etios, Toyota hopes to ride the high demand for entry-level sedans in India. This segment is led by Maruti Suzuki’s Dzire on the lower side, while Honda’s City dominates the upper-end.

Analysts said Toyota’s strong branding is going to be a big advantage for Etios and will help the company corner a good share of the entry-level sedan segment.
et
Reply
Thanks given by:
Advertisement
#2
How good is the Toyota Etios??

for review and more photographs, please see the Link:
http://sify.com/finance/How-good-is-the-...ifcbh.html
___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
Reply
Thanks given by:
#3
Toyota to launch Etios hatchback in India in April 2011

Japanese automaker Toyota Motor Corporation will launch its Etios hatchback in India in April 2011, a company executive said on Wednesday, marking its first entry into the Indian mass market.

The company plans to sell 70,000 units of the Etios sedan and hatchback in India in 2011, said Sandeep Singh, deputy managing director of Toyota Kirloskar, a joint venture between the Japanese carmaker and the Indian Kirloskar group.
et
Reply
Thanks given by:
#4
Toyota to launch hatchback 'Etios Liva' by Apr 2011

[Image: 25fsz2g.jpg]

[Image: 6nv346.jpg]

New Delhi, Dec 3 (PTI) Japanese auto major Toyota today said it will launch compact car 'Etios Liva' by April 2011 to strengthen position in India, where it is a fringe player in the car segment as against its leadership position globally.

The company, which is present in India through a joint venture with the Kirloskar Group, said the pricing of the hatchback based on the same platform as its new Etios sedan will be decided after the Union Budget. It has priced the entry level sedan Etios between Rs 4.96 lakh and Rs 6.86 lakh (ex-showroom Delhi).

"The launch of Etios sedan will be followed by the hatchback model called Etios Liva. By the end of March next year or April beginning we will launch the car and deliveries will start from April," TKM Deputy Managing Director Marketing Sandeep Singh told reporters here

ptinews
___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
Reply
Thanks given by:
Advertisement




Possibly Related Threads…
Thread Author Replies Views Last Post
  General News: Tata Nexon XM(S) Variant With Electric Sunroof Launched in India; Prices Start At ₹ 8.36 Lakh nairrk 0 214 09-02-2020, 03:31 PM
Last Post: nairrk
  General News: Toyota Innova Touring Sport Edition to Launch in India on May 4, 2017 nairrk 0 1,322 04-26-2017, 01:14 PM
Last Post: nairrk
  General News: 2017 Hyundai Xcent Facelift Launched at Rs 5.38 Lakh nairrk 0 1,374 04-22-2017, 07:29 PM
Last Post: nairrk
  General News: Maruti Suzuki Ignis Launched, Price Starts at Rs 4.59 Lakh nairrk 0 1,588 01-14-2017, 12:58 PM
Last Post: nairrk
  General News: Ford EcoSport Black Signature Edition Launched at Rs 9.26 Lakh nairrk 0 1,764 10-11-2016, 01:00 PM
Last Post: nairrk
  Maruti sold 2 Lakh Ritz Cars Mobilespedia 0 1,378 05-04-2012, 10:50 PM
Last Post: Mobilespedia
  General News: Hyundai Santa Fe launched, priced at Rs. 20.95 lakh Mr.Bhat 1 4,337 01-05-2012, 10:44 AM
Last Post: ankitaawasthi
Information Help: At Rs. 2.5 lakh, Hyundai's Eon ready to take on Alto nairrk 0 2,312 09-20-2011, 08:30 AM
Last Post: nairrk
  Breaking News: Maruti launches 'Kizashi' @ Rs 16.5 lakh Kanwar 0 2,099 02-09-2011, 11:31 AM
Last Post: Kanwar
Information Help: Toyota recalling 1.7 mn vehicles globally nairrk 0 1,024 01-28-2011, 11:05 AM
Last Post: nairrk

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement