With the installation of the second plant in India, Toyota Kirloskar Motors would be able to deliver its small car to the Indian roads by this December. The company seeks this as a status stake for its presence of over 11 years in the Indian market. The company is hopeful to wretch a major chunk in this sector along with the concept version of hatchback and sedan. There will be a project of the hybrid version, Prius, to be ready for launch in the Indian market. The company is not bothered about the sales number of this Prius but to avail the government incentive offered to the hybrid cars.
The expected sale of Toyota for the calendar year 2009 was 53000 units, against 51800 units in the previous year. The JV of this Toyota Kirloskar Motors Ltd is privileged with 89% for Toyota and 11% for Kirloskar. Toyota has so far seen the sale volume of 4 lakh units in Indian market since its entry. The sale was also good with the hike by 50% to the previous year’s chiefly merited by Corolla Altis and Innova [images]. Fortuner [images], launched in August too contributed much. By 2011, the dealer numbers would be increased to 150(from the current 93) to deal with Corolla Altis [images], Innova and Fortuner(made in Indian facilities) and Camry [images], Prado and Land Cruiser [images](imported as CBUs).