Toyota Kirloskar doubles production of Innova

23 Jun 2005

1

Bangalore: Toyota Kirloskar Motor has doubled the production of the higher-end models of its crossover vehicle, Innova. While earlier the higher-end models of Innova constituted 35 per cent of the total production of Innova, they have now been doubled to around 70 per cent.

The production scale up comes on the back of higher sales of the top-end models.

Innova has five variants and its price ranges from Rs6 lakh to Rs9 lakh. Innova has within a few months of its launch sold over 13,000 units. It now has 25,000 fresh orders.

Company officials said that the waiting period for Innova has been brought down to one month from five months. He, however, ruled out any price cuts to prop up the sales of the lower end models of Innova.


Latest articles

Hybrid bonding gains attention as AI chip packaging demand grows

Hybrid bonding gains attention as AI chip packaging demand grows

Saab profits rise as governments expand AI-driven cybersecurity efforts

Saab profits rise as governments expand AI-driven cybersecurity efforts

India manufacturing PMI rises to 55.9 in April as supply chain shift boosts factories

India manufacturing PMI rises to 55.9 in April as supply chain shift boosts factories

AI infrastructure boom lifts Nokia, Besi and STMicro as hardware demand grows

AI infrastructure boom lifts Nokia, Besi and STMicro as hardware demand grows

The agentic transition: how enterprises are scaling AI from pilot to profit

The agentic transition: how enterprises are scaling AI from pilot to profit

Urban mining gains traction as NavPrakriti explores expansion in critical minerals recycling

Urban mining gains traction as NavPrakriti explores expansion in critical minerals recycling

Packaging cost pressures rise as polymer prices firm up amid global energy volatility

Packaging cost pressures rise as polymer prices firm up amid global energy volatility

Adani Power explores nuclear energy opportunities as India weighs policy reforms

Adani Power explores nuclear energy opportunities as India weighs policy reforms

Russia–Kazakhstan oil transit uncertainty raises concerns for Germany’s supply chain

Russia–Kazakhstan oil transit uncertainty raises concerns for Germany’s supply chain