Posted on Apr. 08, 2009
Bangalore, 08 April 2009: Toyota Kirloskar Motor (TKM) today announced that it would be introducing its world famous SUV "Fortuner" in India by September 2009. It will be supported by a 3 litre Advanced Common-Rail Diesel engine and will also feature fulltime four-wheel drive.
The Fortuner, targeted primarily at the urban luxury SUV customer, will see TKM's entry into the fast-growing SUV segment, and will be competitively priced.
"The Fortuner is an important addition to our product line-up in India and we are currently in the process of finalizing details for the launch," said Sandeep Singh, Deputy Managing Director, Marketing, Toyota Kirloskar Motor.
"We are still working out the price details of the Fortuner, taking into account variations in exchange rates, but expect it to be around Rs 20 lakhs," he added.
The Fortuner has been highly appreciated the world over and has set global benchmarks in the luxury SUV segment. The Fortuner will be brought to India as a knocked down unit and will be assembled at TKM's plant in Bidadi.
| Company name | Toyota Kirloskar Motor Private Limited |
| Location | Suburb of Bangalore, Karnataka State |
| Established | October 1997 (start of production: December 1999) |
| Managing Director | Mr. Hiroshi Nakagawa |
| Equity participation | TMC: 89%, Kirloskar Group: 11% |
| Land area | Aprox. 432 acres (approx.1.744,848 m2) |
| Annual production capacity | Approx. 80,000 units |
| Products | Corolla Altis, Innova, Fortuner manufactured in India. Camry, Prado and Land Cruiser imported as CBUs. |
| 2008 production results | 54,327 units |
| Number of employees | Approx. 3290 (as of March 2009) |
| Rediffusion Y & R Public Relations: |
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| Sharath Tejaswi / Neha Gupta
Mobile :+91-9845097970 / +91-9886211093 |