[dZired]

An interesting comparison between the current gen Toyota Fortuner with its 2016 avatar.

Old vs New: Toyota Fortuner

[geotracks]

Originally Posted by dZired

An interesting comparison between the current gen Toyota Fortuner with its 2016 avatar.

Old vs New: Toyota Fortuner

The article states:
"Prices: Despite all these improvements in the 2016 Fortuner, Toyota is not expected to significantly increase prices of its cash cow. Prices revealed in Thailand are a testimony to our claim, and hence, the facelifted Toyota Fortuner is bound to provide a value for money deal."

If the above is true, then the 2016 Fortuner in India when launched should not also be too much more than the current model, right?

[apachelongbow]

Originally Posted by geotracks

The article states:
"Prices: Despite all these improvements in the 2016 Fortuner, Toyota is not expected to significantly increase prices of its cash cow. Prices revealed in Thailand are a testimony to our claim, and hence, the facelifted Toyota Fortuner is bound to provide a value for money deal."

If the above is true, then the 2016 Fortuner in India when launched should not also be too much more than the current model, right?

if the 2016 Innova is expected to cross 20 lacs ex showroom, can you expect Toyota not to milk its cash cows and increase the Fortuner's price to above 40 lacs on road?

[geotracks]

Originally Posted by apachelongbow

if the 2016 Innova is expected to cross 20 lacs ex showroom, can you expect Toyota not to milk its cash cows and increase the Fortuner's price to above 40 lacs on road?

Yes, I echo your thoughts. Today the Fortuner is about INR 32L+. I can certainly see it closer to INR 40L when the 2016 model is launched.

But then the question is why always the Indian customer is targeted EVERY time by Toyota? Converted to INR, how much would the Thai 2016 Fortuner model likely cost in India.

[apachelongbow]

Originally Posted by geotracks

Yes, I echo your thoughts. Today the Fortuner is about INR 32L+. I can certainly see it closer to INR 40L when the 2016 model is launched.

But then the question is why always the Indian customer is targeted EVERY time by Toyota? Converted to INR, how much would the Thai 2016 Fortuner model likely cost in India.

They target us because they can. Its simple. If people find value for a Fortuner at 40 lacs on road compared to other SUV and still end up buying 1500-2000 units per month, or cabbies blindly buy 5000 Innovas at 16-20 lacs on road, why wont Toyota charge the prices? If given a choice Maruti would price the 800 Rs 1 crore and be happy.

[geotracks]

Originally Posted by apachelongbow

They target us because they can. Its simple. If people find value for a Fortuner at 40 lacs on road compared to other SUV and still end up buying 1500-2000 units per month, or cabbies blindly buy 5000 Innovas at 16-20 lacs on road, why wont Toyota charge the prices? If given a choice Maruti would price the 800 Rs 1 crore and be happy.

I was recently told that Toyota marks up it prices for the Innova V & Z variants to INR 17L - 18L+ because it becomes a 'social status' for private owners to 'make a statement' in society that they own a INR 18L Toyota MPV (very true).

If Toyota reduced the V & Z variant Innova prices to something 'more comparable' to what they sell similar MPVs in other countries, Toyota may have to also then reduce the G variant prices, which is mainly bulk buys for Toyota in the cab segment.

This same logic of 'social statement' would be true to the Fortuner. No wonder the Fortuner sells so well in India despite of its price when compared to the feature list it provides as compared to the XUV 500. Of course the service, spares, built quality, reliability, relatively niggle free nature and the brand name of Toyota does carry premium. But the price differential between these 2 SUVs is so wide.

[dean5545]

Toyota increased the price of all the Fortuner Variants in Thailand by at least 10%.
Toyota Thailand had the courage to price its Fortuner exactly the same as the Ford Everest.
The Everest is a size bigger and is better than the Fortuner in all aspects.
The Fortuner 2.8 4x4 a/t cost around 28-29 lakhs INR.

[DicKy]

Fortuner in thailand costs from 21-29 lakhs INR, while the new Endeavour costs the same 22-29 lakhs but with more features, especially the offroad ware and more power and size.

The only glimmer of hope i have is that usually prices in Malaysia and Thailand are more or at par with our prices, and in case of the Corolla, Camry and Innova they are priced at par or even more premium than ours, even though most of the manufacturing happens there.

So with the current pricing of the Fortuner and Everest in India, coupled with the high upcoming competition in the segment i have a hope they will not be over priced.

(Guess we guys are giving them unwanted ideas in our forum by quoting 40lakhs and all )

[dean5545]

Finally a review in English!
Thanks to caradvice.au
The editor has spoken a bit about the 2.8 D4D which is important for us. The initial impressions are impressive.

http://youtu.be/5etp1AcKcj8

[RavenAvi]

Toyota India will not introduce the all-new Fortuner in the Indian market before 2017, according to N Raja, Senior Vice President and Director, Sales and Marketing, Toyota Kirloskar Motor Private Ltd.

He also added that the all-new Fortuner will be coming with the new engines which were showcased upon it's global launch.

Talking exclusively to MotorBash, he said:

“Very clearly there was a plan of making it in India with localisation, vendor development. We see at least 24 months to 30 months to be a leap time from one market to the other. So that will take it to 2017.”

He also revealed that Toyota will be bringing in the new engines which were showcased globally. This includes a new 2.4 litre diesel producing 150 PS of power and 400 Nm of torque. The range will also get the bigger 2.8 litre diesel unit producing 177 PS of maximum power and 450 Nm of peak torque.

Motorbash

[karan561]

^ A very cheap move IMO.

If it sells let it sell, no need to give them the new model yet ? Is that the attitude they are going to show to India ?

Thinking otherwise this statement may have been said to keep the current buyers interested for Fortuner & not wait till new car arrives.

Also do note, the guy may eat up his own words as soon as the new Endeavour launches & the Endy starts eating up Fortuner's sales

So lets not lose hope guys, im digging for this car's launch to happen next year too

[geotracks]

Even if Toyota plans to keep current buyers interested and sell more of the current & planned Fortuners' stock before new vehicle arrival, they never give any substantial offers on Innovas' & Fortuners'.

Also, it is very clear from Toyota model line up strategy, that India is not a focus market for them. Brand image & customer loyalty has been sufficient for them to keep sales high. If one goes to their US or equivalent websites, the line up of models is so much more & nicer.

Toyota have successfully kept sales charts high in India without either introducing a 'proper' C2 segment or a compact SUV (Rav-4 or equivalent). It is only when sales go down the Company will think of revising strategy for sales (e.g. giving high discounts) or introduce more models. Toyota does not need to do this for their high selling products like Innovas' & Fortuners'. Whatever it is, it works well for them, hence they may not be in a hurry to introduce newer & nicer Fortuner models in India immediately.

[Wanderers]

Originally Posted by karan561

^ A very cheap move IMO.


Thinking otherwise this statement may have been said to keep the current buyers interested for Fortuner & not wait till new car arrives.

Also do note, the guy may eat up his own words as soon as the new Endeavour launches & the Endy starts eating up Fortuner's sales

Hi,

I agree with Karan.

Couple of years back Toyota did make a statement that 2.5L would never come to India but it did this year.

New Innova is definitely on as it has been caught testing in India. However wew Fortuner is yet to arrive on Indian soil but again all Fortuners are imported through CKD route and amount of homogenization (Read road test) to be done in India may require less time.
Toyota may continue to follow CKD route till localization in 2017.

Both Innova & Fortuner would surely be launched during Auto Expo next year. Lets wait & watch.

[amtak]

While it may be OT, the delay of Fortuner will help Ford settle it's Endeavour for atleast one year. I am pretty sure that their strategy could be that if both Endy and T'Fort are launched at the same time, it'll be Endy all the way.

After a year, T'Fort will have its Novelty value.

Thanks!

[nilanjanray]

Toyota just wants to take advantage of lifecycle dynamics of the current Fortuner in India. If people are still buying the current model why not milk it to the fullest?

Not that I am complaining. My 5 yr old 1L km + Fortuner is still going strong.