Addressing the media, TKML managing director Sachio Yamasaki said, Camry is the best suited luxury vehicle for the Indian roads with its high level of comfort, driving performance and safety. TKML is expecting to sell more than 100 vehicles in the first month and is looking at a 20 to 25 per cent market share in the upper-end D segment which sells around 350 to 400 vehicles per month, Mr Yamaskai said. The other players in this segment are Mercedes C-class, Honda Accord and Ford Mondeo.
Camry would be available in two models V1 and V3 the only difference being in interior upholstery V3 with a leather package and V1 with a fabric package. The ex-showroom price of V3 in Bangalore is and V1 at Rs 17.95 lakh both inclusive of all taxes and duties. The sedan would be available in 5 colours and would be available in all the Toyota dealerships across the country. The car comes with an advanced 2.4 litre engine, four speed automatic transmission, spacious interior, preventive and collision safety and advanced environmental features, etc. TKML would launch its second car for India Corolla by the first quarter of 2003 and it would be manufactured in the companys plant here, Mr Yamasaki added.