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Toyota introduces Land Cruiser in India |
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Auto major Toyota Kirloskar Motors (TKM) has introduced its eighth generation Land Cruiser sports utility vehicle (SUV) in the Indian market on Tuesday. It will be priced in the range of Rs 81.64 lakh and Rs 83.1 lakh, almost double the current price.
TKM is 89:11 joint venture between Japan`s Toyota Motor Corp and India`s Kirloskar group. The new SUV is equipped with four-wheel drive, the company said in a statement.
TKM Deputy Managing Director (marketing), Sandeep Singh said, "In spite of the recent slowdown, the premium SUV segment has witnessed a growth, driven largely by the introduction of new models."
In the Indian market, TKM currently sells its stripped-down SUV, Land Cruiser Prado at Rs 40 lakh. While the new vehicle will be imported as a completely built unit, TKM currently manufactures its Corrola Altis and Innova models at its facility near Bangalore.
(Posted on : 16/06/2009)
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| Toyota introduces Land Cruiser in India |
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