Toyota gets 15,000 bookings for the Innova Crysta in 10 days

Image
Press Trust of India Mumbai
Last Updated : May 13 2016 | 7:07 PM IST
Japanese auto major Toyota today said that it has received over 15,000 bookings for the second generation of its 11-year-old flagship model Innova Crysta, within 10 days of the launch.
"Over 60 per cent of the 15,000 bookings we have received so far are for the automatic version that too of the top-end model," Toyota Kirloskar Motor vice chairman Shekar Vishwanathan told reporters after launching the new MPV here.
Despite having capacity to meet demand, the company said Mumbai customers will have to wait more than two months to get delivery. He said, as the demand increases they will ramp up output and lower the waiting period.
The topend Innova Crysta (2.8-litre, 8-seater with AMT) comes for Rs 20.77 lakh here while the low-end model is priced at Rs 13.83 lakh.
He said since introduction in 2005, replacing its popular model Qualis, the company has sold a little over 6 lakh Innovas in the country, while globally it has 1.6 million customers. The Innova was sold only in three markets apart from India-Indonesia, Thailand and Dubai.
The Innova has been the market leader from the start and despite the market getting so much cluttered with almost all companies having at least one model in the MPV segment, it still enjoys 35 per cent market share, the company said, adding the old model, which will be phased out from now has been notching up an average sale of 5,500 units a month.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2016 | 7:07 PM IST

Next Story