Toyota Camry Hits Indian Roads

Bangalore, October 19: | Updated: Oct 20 2002, 05:30am hrs
Toyota Kirloskar Motor Ltd (TKML) has launched Toyota CAMRY, the mid class luxury sedan targeted at the top-end customer segment. The Camry launched in India is the sixth generation version and TKML plans to sell 1,000 units of the sedan in the first year of its launch by the completely built unit (CBU) route.

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.