Toyota Predicting 38% Sales Growth In 2010
Owner of recently launched Etios, Japanese car maker and world’s largest automobile company, Toyota India is expecting a rise of 38 percent in its Indian sales for the year 2010. Toyota Motors is predicting sales of 74,000 units 2010 as compare to 54,000 units sold in 2009, Koji Nagata, executive managing coordinator and director of Toyota Kirloskar said.
Toyota is expecting to double its sales to 1,50,ooo with the help of Toyota Etios. Toyota Etios is getting tremendous response from Indian market with over 12,000 bookings in just 2 weeks since its launch on December 1. Toyota Etios sedan selling will start from January 2011. Toyota Kirloskar will also launch Etios hatchback in April 2011. Toyota Kirloskar Motors is thinking about launching a Multi Purpose Vehicle in the segment between Etios sedan and Innova. Toyota Motor Asia Pacific, Senior Vice President (Area Operations Division), Vonco S Socco said that one more car can be brought in the market to fill the gaps between Toyota Etios and Toyota Innova. And according to some industry experts, that car could be toyota Avanza Multi Purpose Vehicle. The car could be available in the price range of Rs. 6 to 9 Lakh.