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Toyota launches small car Liva priced at Rs3.99 lakh

Toyota launches small car Liva priced at Rs3.99 lakh
PTI
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First Published: Mon, Jun 27 2011. 04 31 PM IST
Updated: Mon, Jun 27 2011. 04 31 PM IST
New Delhi: Japanese carmaker Toyota on Monday launched the petrol variant of its much anticipated small car Liva in India, priced between Rs3.99 lakh and Rs5.99 lakh (ex- showroom, Delhi).
The auto major has also invested Rs3,200 crore to set up its second manufacturing facility in Bangalore.
The company, which is present in India through a joint venture with the Kirloskar Group, has invested Rs3,200 crore to set up its second manufacturing facility in Bangalore with an initial installed capacity of 70,000 units per annum.
“With Liva we will now be a complete manufacturer in India, offering a full range of products including the luxury SUV Prado... Liva is a very useful stylish and dynamic car,” Toyota Kirloskar Motor managing director Hiroshi Nakagawa told reporters here.
The company had last year launched Etios, the sedan version of Liva in the country.
“We will increase the production of the second plant from 70,000 units to 1,20,000 units to shorten the waiting period for Etios and meet future demand of Liva,” Nakagawa said.
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First Published: Mon, Jun 27 2011. 04 31 PM IST
More Topics: Toyota | Auto | Carmaker | Liva | Small car |