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Saturday, 18 October 2008

Diesel Corolla Altis to Ponder In Mid-2009

It has not been a month of the launch of the all-new Corolla Altis and there are speculations that Toyota is planning to launch a diesel version of the Corolla Altis for the Indian market.

The current model comes with 1.8-litre petrol. However, the diesel version if launched is likely to come with a 2.0-litre engine for the European market.

Toyota is working earnestly on the engineering changes to use the European Corolla’s diesel to the Altis. Toyota is also considering one more alternative, its smaller 1.4-litre turbo-diesel that powers the Yaris hatchback for the Corolla.

However there is no official confirmation of the launch of new diesel Corolla Altis but is expected to hit the Indian roads by mid-2009.

Like many other car manufacturers, even Toyota is stepping ahead and is launching the cars that suit the Indian car buyer’s needs.

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3 Comments:

At 18 October 2008 17:52 , Anonymous sarika said...

I feel Toyota is actually on a big mission in India. The company also has plans to launch the Yaris sedan and hatchback in the country.

 
At 18 October 2008 18:44 , Blogger @_raj said...

Corolla has been a HIT in Sedans category in Indian market. So its diesel version will be a Bigger Hit, as oil prices are reaching new high. Lets wait and watch the reaction!

 
At 19 October 2008 12:16 , Anonymous Anonymous said...

Argentum motors of Ashish Deora – A Mumbai Based Entrepreneur

Argentum Motors to Expand Capacity to Produce 0.4 Million Small Cars
03/7/2008
Argentum Motors is set to expand its capacity for small cars to 0.4 million per annum. Argentum Motors would also start manufacturing 1-2 litre engines to cater to the demand for small cars. The company is creating flexibility at plant to suit a larger range of vehicles. Existing facility, which can produce engines in the size of 1.3-1.7 litre, is being expanded for 1-2 litre. The company was also setting up a new paint shop and an assembly line which would have a capacity of 0.25 million-0.3 million cars per annum at an investment of INR 5,000 million.
Argentum Motors to Infuse $126 Million in Indian Daewoo Facility
12/26/2007
Argentum Motors will infuse INR 5 billion ( $126.8 million) to modernise the facility over the next 18 months as it gears up to host global commercial vehicle maker Daimler for the latter's proposed Low Cost Vehicle (LCV) roll out.

http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=20407418

 

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