Toyota to launch Fortuner in India by Sept

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Agencies: New Delhi, Apr 08 2009, 14:21 IST

The world's largest carmaker, Toyota, on Wednesday said it will bring its sports utility vehicle Fortuner in India by September this year, expected to be priced at about Rs 20 lakh.

The company, which is present in India through a joint venture with the Kirloskar Group, would launch the SUV with a three-litre advanced common-rail diesel engine.

"The Fortuner is an important addition to our product line-up in India and we are currently in the process of finalising details for the launch," Toyota Kirloskar Motor (TKM) Deputy Managing Director Sandeep Singh said in a statement.

Taking into account the variations in exchange rates, the company is still working out on the price details of the SUV, but "expect it to be around Rs 20 lakh", he added.

Fortuner would be brought into the country as a knocked down unit and would be assembled at TKM's Bidadi plant.

TKM is currently constructing its second manufacturing facility in Bangalore at an investment of Rs 3,200 crore to launch a "strategic" small car in India by 2011.

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TOYOTA MILKING INDIANS

sunil kumar | 22-Apr-2009Reply | Forward

I am waiting for this vehicle for quite some time and came to know its going to launch by sep this year. But the prices is whopping 20L. Toyota sells the same at a much lesser price in Thailand comparing to the indicative price for india. ITS EITHER TOYOTA IS MILKING INDIAN MONEY OR THE GOVT. HAS REDUCE THE TAX BURDENS ON ITS CITIZENS. HOPE TATA WILL WAKE UP AND STAND BY THE COMPETITION TO GIVE A BETTER SAFARI TO BEAT THE FORTUNER MANIA IN INDIA AND PUNISH THEM FOR OVERPRICING IN INDIA.