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Toyota not to launch new cars this year

May 08, 2017, 08:32 PM IST by Ranjan R. Bhat
Toyota not to launch new cars this year

Toyota has announced that it will not be launching any new car in India until there is clarity on the implementation of GST and BS VI emission norms. The company has also denied rumours of introducing the Vios in India this year.

Toyota had introduced petrol variants of the Innova Crysta and the Fortuner post the announcement of ban on diesel-powered cars in Delhi. However, these variants account for less than five per cent of overall sales, making them not worth the investment. As such, Toyota doesn’t want to continue burning its fingers by making hasty moves before getting clarity on the subject of GST and BS VI emission norms. Toyota has been manufacturing BS IV-compliant vehicles since 2010, and the company is now laying groundwork for the move to BS VI standards. So for now, launching any new car in India this year is out of question.

The Toyota Vios was expected to be launched here this year and has been spotted testing in India from time to time. However, the company has rubbished all the rumours about its launch in India in 2017. Nevertheless, Toyota added that it will be unveiling new products at the 2018 Auto Expo. 

Source: ETAuto

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