Altis from Toyota may prompt more competition in the sector

Altis diesel to hit the Indian roads soon

The sedan market in India seems to gain momentum with Toyota making all out efforts to promote its premium sedan Altis this month. The car is in the market as a petrol version soon to see the diesel version too. The monthly sale of petrol versions is 750-800 units and the introduction of diesel version may increase the sale, said its MD for marketing. The cost of these vehicles in the range of Rs10-15lakhs like Chevrolet Cruze [images], volkswagen Jetta [images], Skoda Laura [images], Honda Civic [images]. The segment is slightly recovering from the economic downfall occurred last year and the growth now is 30% and the monthly volume is 3000 units which may increase further.

The demand for diesel version is on the increase with the launch of GM’s Cruze which sells 800 units per month and gives hope to GM to carry the torch further. The diesel version of corolla altis is fitted with 1.4 lit turbocharged engine and may see the number of sale to 1100 units/ The cost of Altis [images] petrol is Rs10-14 lakhs but the diesel may cost at the premium rate, due to its fuel efficiency and brand image.

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