Toyota Kirloskar doubles production of Innova
23 Jun 2005
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.
