Toyota car assembly unit in Bangalore

One of the Japanese automotive major Toyota announced that it plans to assemble its first class sedan, Camry locally in India and they decided to have their assembly unit in its Bangalore factory only. From July they are planning to start the assembling of cars and by August end it will be available in the market with new revised price.

So far Toyota used to import its premium car Camry from Japan and that too they will be importing around 250 – 300 cars only. Other competitors are assembling the same segment cars in India. For eg Skoda Superb, Volkswagen Passat & Honda Accord.

For the cars imported to India which is completely assembled in other country, then the importing the duty will be around 100% which will double the car price in India. Now Camry price will become cheaper as its going to get manufactured here locally.

Toyota Camry will be priced above Rs 20 lakh but the exact price will be announced during the launch. The company is already exporting its entry level Etios and Liva to South Africa. By this year only they are planning to export 20,000 units of both type of cars South Africa.

3 comments:

right211 said...

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