Carmaker Toyota Kirloskar Motor has stopped production of its premier sedan Corolla Altis starting this month as it gears up to roll out a new version in the next 4-5 months. According to industry sources, the company will showcase the model with additional features during the upcoming Auto Expo in New Delhi.
"The company has stopped the production of the Corolla Altis from January. It is now preparing to launch a new version, which has already been rolled out in many countries," a source said.
TKM, the joint venture between Toyota and Kirloskar group, was producing around 400 units of the Corolla Altis every month.