MUMBAI: Having ruled the multi-purpose segment for almost two decades, Toyota Kirloskar is planning yet another mid-sized MPV and SUV which is expected to be lighter and more fuel efficient and priced between Rs 15 lakh and Rs 20 lakh. The vehicle will also adhere to the stringent cleaner and greener norms that carmakers have to conform to.
With the new Innova Crysta transitioning to the higher price bracket, Toyota’s new MPV is likely to sit between the Innova and the new SUV, and will take on the Jeep Compass head-on.
As per several people aware of the company’s plans, the C MPV architecture is planned for a 2022-2023 market launch, and in all likelihood will be shared by Maruti
, the country’s largest car maker to add to its product portfolio. “While both MPV and SUVs are being considered, the C MPV is almost in the final stages of approval, but is yet to clear some gateways,” said one of the five people in the know of the company’s plans.
The new C MPV is likely to come with a hybrid solution and will be based on the lighter monocoque, or unibody architecture, which will help the company meet the upcoming stringent corporate average fuel economy, or CAFÉ norms.
While the current Innova does not have a hybrid solution, the new C MPV is likely to come with a pure hybrid solution, which the company likes to call a ‘selfcharging electric vehicle’.
N Raja, deputy MD of Toyota Kirloskar, declined to comment on the new MPV and SUV, stating that as a policy it does not comment on future product plans, but said, “There are various products and sub-segments we are studying. The compact SUV and MPV have a strong growth potential, but I cannot say if and when we are launching them.”
Toyota, which has managed to hold its own, thanks to the strong response it got for the new Innova Crysta, needs new products in the Rs 10-20 lakh segment to graduate to the next level when it comes to volumes.