2016 Toyota Innova and Toyota Fortuner, both slated for launch in India sometime in 2016 are being actively put to test. A second generation mule of 2016 Toyota Innova was spotted in Bangalore, close to the company’s headquarters and manufacturing facility recently, while a next gen Fortuner was spotted in Thailand.
Toyota global sales, taking into account Hino Motors Limited and Daihatsu Motor Co during the first six months of 2014 stood at 5.1 million vehicles while sales reported by Volkswagen reached the 5.07 million mark.
Toyota Innova is almost synonymous to MPV or 7 seater in India since its launch in 2005. Although rivalry is budding, Innova has its own respect among families and cabbies. Facelifts and cosmetic enhancements have been keeping Innova trendy and appealing, however its time for major upgrade.
Honda Mobilio was launched today in India, a new entrant to the MPV segment. Though it is labelled primarily as Maruti Ertiga rival, Mobilio will go beyond as well, to assail Toyota Innova. Much like other machines in Honda’s stable, Mobilio’s entry will influence buyers to shift segment, thanks to a lot of factors that will be mentioned down the page. It is likely that rest of MPVs surviving in under Rs. 10 lakh bracket will take a hit.
With lack of any product in the segment between Etios and Corolla, Japanese automakers Toyota, along with their Indian counterparts Kirloskar Motors will be introducing the Vios sedan in India.
Toyota Kirloskar Motors registered 12% growth in the month of June, thanks to their new cars – Corolla, Etios (sedan, hatchback and cross), and Innova. Now, the company looks forward to the upcoming festive season. Toyota is confident of car sales seeing a 6-7% increase by the end of this year.
The next generation Innova MPV was spotted for the first time, testing in India. Gearing up for launch in 2015-16, the new Innova will be a major facelift and will compete with new-age MPVs like Honda Mobilio and Renault Lodgy.
Volkswagen AG is on the 2014 Fortune Global 500 list which was revealed earlier this week. The eight largest company in the world and No. 1 automotive company by way of revenue as per Fortune Global 500, Volkswagen surpassed Toyota in the latest list. For 2013, VW was ranked 9th, and Toyota was ranked 8th. For 2014, its vice versa.