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Toyota launches new Corolla Altis in India
Toyota launches new Corolla Altis in India, eyes bigger market share
IBTimes India
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09/09/2008 04:32. Worlds largest car maker, Toyota Motor Corp. has launched its 10th generation sedan - Corolla Altis in India hoping that the new car would help it to garner 10 percent market share of Indias growing automobile market. Toyota, which is lagging behind market leaders Maruti Suzuki, Hyundai Motor and Tata Motors in sales, said it also plans to roll out its new small car by 2011. Regarding the small car that everyone has been waiting for, we aim to start production and sales around the end of 2010 or early 2011, said Vikram Kirloskar, vice chairman of Toyota Kirloskar Motor Pvt Ltd (TKM), a joint venture between Toyota Motor Corp and the Kirloskar Group in which Toyota holds 89 percent stake.

TKM has enjoyed enormous success in India with its Corolla, one of the largest selling cars... // MorungExpress

Total: 16 news articles, 5 photos
First News Article: Press Trust of India, 05/09/2008 18:14


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