The twelfth-gen Toyota Corolla Altis was said to be ruled-out for India in a previous report. However, a new report says that TKM hasn't still given up on it despite the diminishing demand for C-segment sedans in the country.
C-segment sedans are facing a lot of heat from C-SUVs in India. While C-segment sedans sell barely a couple hundred units every month, C-SUVs clock sales in four-digit figures easily now. That's the reason why none of the C-segment sedans, including the eleventh-gen Toyota Corolla Altis, is locally manufactured. The volumes just don't make sense for production here, and importing, even as CKD, is driving up prices way too high now. Based on the GA-C platform of the TNGA family, the twelfth-gen Toyota Corolla Altis is a lot more sophisticated product than its predecessor.
The latest development comes straight from N Raja, Deputy Managing Director, Toyota Kirloskar Motor. "Officially there is no discussion on stopping Corolla," he told The Economic Times recently. "
Still, the discussion is on to continue Corolla. The future model of Corolla which is BS-VI compliant is available globally. We have been discussing with the parent company. More clarity will come closer to the time of BS-VI norm implementation. We are studying the demand of Corolla.
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The Toyota Corolla Altis has been the segment leader and contributes to over 50% of the segment's sales. The twelfth-gen Toyota Corolla Altis is already on sale around the world, but only time will tell if it's launched here. Unlike its predecessor, it's not made with a diesel engine. A full-hybrid variant is available, but that could be too expensive for our market.
[Source - ETAuto]