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Rediff.com  » Business » Toyota launches all new Corolla Altis at Rs 11.99 lakh

Toyota launches all new Corolla Altis at Rs 11.99 lakh

Last updated on: May 27, 2014 19:33 IST


Photographs: Courtesy, Toyota

Toyota Kirloskar Motor (TKM) on Tuesday launched an all new version of its premium sedan Corolla Altis priced between Rs 11.99 lakh and Rs 16.89 lakh (ex-showroom Delhi).  

The vehicle was unveiled in February at the Auto Expo 2014 and is the 11th generation of the Corolla model. 

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, IndianAutosBlog

It will have five grades in petrol, priced between Rs 11.99 lakh and Rs 16.89 lakh (ex-showroom Delhi).

Also, there are four grades in diesel, which are priced between Rs 13.07 lakh and Rs 16.68 lakh (ex-showroom Delhi), the company said in a statement.

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, Toyota

The model has sold more than 88,500 units since its introduction in India in 2003.

Commenting on the launch, TKM Managing Director Naomi Ishii said: "Corolla is the world's most favourite car.

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, Toyota

It is the world's No 1 car with more than 40 million cars sold across the globe...We are glad to launch the 11th generation of this global car in India."

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, Toyota

TKM Director and Senior Vice President (Sales and Marketing) N Raja said, “We received a good response after we unveiled the vehicle at the Auto Expo in February. We are currently booked for 3 months.”

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, Toyota

He further said, we hope the All New Corolla Altis, will further strengthen the brand in India and will also contribute to the growth of the C segment in India." 

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Toyota launches all new Corolla Altis at Rs 11.99 lakh


Photographs: Courtesy, Cardekho.com

The Corolla accounts for one in every five vehicle sold by Toyota in the 76-year history.

In 1997, it became the best selling model globally with cumulative sales exceeding 22.65 million units.

More than a million units have been sold each year since 2002, the company added. 

 

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