Toyota to come out with new vehicle - NVX

VBV · 30th April 2008, 18:01

Found this on the net:

AutoIndia.com - Toyota-Kirloskar may launch new vehicle later this year

Toyota-Kirloskar may launch new vehicle later this year

April 29, 2008

New Delhi, 29 April 2008: Toyota-Kirloskar Motor is expected to launch a new multi-purpose vehicle later this year.
In another development, the car major, which was hit by labour problems a few years ago, has resolved most of the issues ahead of the small car project.
Code-named NVX, the multi-purpose vehicle, will have the same engine as that of Innova but will have different features. But the Deputy Managing Director of Toyota Kirloskar, Mr K.K. Swamy, said he was not aware of any such plan.
The platform on which Innova is built can be used to manufacture several variants of the multi-purpose vehicle as well as vehicles such as pick-up trucks. Sources said that the company has started shooting television commercials for the vehicle.
Toyota-Kirloskar has a capacity to produce 60,000 cars annually and once the new plant to produce small cars is set up, Toyota plans to use the existing capacity to build only multi-purpose vehicles as the production of Corolla will be shifted to the new plant.
Since its launch in 2005, Innova has sold a total of 1,32,000 units. The company has announced that it will build a second plant to produce small cars. The total capacity of the new plant is around one lakh units a year, and the company has committed an investment of about Rs 1,400 crore.
Toyota-Kirloskar launched its first multi purpose vehicle, Qualis in 2000, which was phased out in 2005. Toyota is generally known to phase out vehicles every five years as was the case with Qualis. In the case of Corolla which was launched in 2003, its new model will be launched later this year.
Courtesy: Business Line

Anybody's got more details on this?

GTO - Touring · 30th April 2008, 19:10

I don't see the need or the market for another MUV from Toyota...unless its a Qualis replacement (read cheaper and bare but reliable).

snaronikar · 30th April 2008, 19:24

Hmm...I think this is the old news, correct me if I'am wrong.

ankit.jhamb · 30th April 2008, 19:49

Quote:

Originally Posted by snaronikar

Hmm...I think this is the old news, correct me if I'am wrong.

just discussed the same on the thread below

http://www.team-bhp.com/forum/indian...-sleeping.html

aaggoswami · 30th April 2008, 21:34

Quote:

Originally Posted by GTO - Touring

I don't see the need or the market for another MUV from Toyota...unless its a Qualis replacement (read cheaper and bare but reliable).

Perfectly right. Actually there is still a large taxi market and the one which is quite moving at a pace and not showing signals of slow down.Qualis was the one that would fit the requirement perfectly. when it was phased out, Tavera got some advantage, but soon was taken over by Bolero and Tempo trax vehicles.

If the news is correct and accurate, then Tavera would be the one to get badly hit along with Sumo.

speedzak · 30th April 2008, 22:06

As GTO said, if it's a replacement for the Qualis, then all welcome. Junta is going to be soooooo happy!

I very much see the necessity of a cheaper MUV from Toyota.

theMAG · 30th April 2008, 22:59

Instead of launching the Fortuner, they decide to launch a utility vehicle on the Innova platform. This company seems to be quite disconnected with the maturing of the Indian market since the Qualis was launched. Either that, or the Sumo Grande has given them sleepless nights.

ashutoshb · 1st May 2008, 01:11

If this news report is correct, I see the Qualis II coming.

directinjection · 2nd May 2008, 12:38

Why would Toyota relaunch the Qualis?

The Innovative International Multipurpose Vehicle (IMV) Project of Toyota comprises 5 models including the Innova. Three of them are pick-up trucks which are not Tata 207 DI type workhorses but more of life-style pick ups with limited market in India. We already have the Innova here, so that only leaves the Fortuner. So in my view, the new vehicle is the Fortuner only but with the same engine as Innova, to keep costs down and logistics simple.

Here's what Toyota says about the IMV Project:
TOYOTA: IMV Project

VBV · 2nd May 2008, 13:58

Found this on the Net:
India: Toyota's new UV by end of the year

If the new vehicle is anywhere close to what it is in the pic, it will be worth looking forward to.

svsantosh · 2nd May 2008, 14:10

Quote:

Originally Posted by directinjection

Why would Toyota relaunch the Qualis?

One Possible Reason is the Penetration of the ICML Rhino. They seem to be going into Rural India far better than other players and I have already seen quite a handful of those around Bangalore Belt. If TKM is looking at it as a threat, then they have all the reason to relaunch, eh.. Lauch a NEW Qualis with a 100BHP engine like the Rhino with a very attractive price tag and who knows they may sell again.

TKM lost a huge sales% after Qualis came out of the Cab market. Why not risk it again. After all if something will sell, make it.

amtak · 2nd May 2008, 14:50

Quote:

Originally Posted by VBV

Found this on the Net:
India: Toyota's new UV by end of the year

If the new vehicle is anywhere close to what it is in the pic, it will be worth looking forward to.

This looks like the Innova face lift to me. Aren't they (Innova and Avanza) based on the same platform?

VBV · 2nd May 2008, 15:10

Quote:

Originally Posted by svsantosh

TKM lost a huge sales% after Qualis came out of the Cab market. Why not risk it again. After all if something will sell, make it.

Its not just the Rhino cab market, but the second hand qualis market as well, that will force Toyota to come out with a Qualis replacement. Both of them are very lucrative segments to encash on. And as you said, most companies are in the business of making money and not in the business of producing technology marvels. So why not?

Quote:

Originally Posted by amtak

This looks like the Innova face lift to me. Aren't they (Innova and Avanza) based on the same platform?

Yes, they are based on the same platform. Avanza looks much smaller than Innova. NVX is also supposed to be based on the same platform as that of Innova. I think they will be like SX4 and Dezire, based on the same platform but for different market segments.

tsk1979 · 2nd May 2008, 16:53

Qualis costs more to produce than the innova. So no sense in making qualis again.
I guess it will be something based on Innova platfrom, but the body/interiors will be different so that they can price it a lakh below the innova.

Zappo · 2nd May 2008, 17:25

It also makes sense from another perspective. Toyota is slowly (that is so typically Japanese) trying to fill up the various price points and are keen to have a complete range for the market.

Now, they have already gone to town with their intention to have a newly developed small car to take on the Indian market for the B/B+ and entry C segment. The Innova with its price range probably covers the upper C segment well (though its not a sedan but it still sells well in the personal cars market). Of course TKM has vehicles at the various higher price points. So logically speaking they do need a vehicle that can cover the price point between 6-8 lakhs. And this new vehicle could very well be an endeavour in that direction.

30th April 2008, 18:01	#1
VBV BHPian Join Date: May 2007 Location: Bangalore Posts: 227 Thanked: 6 Times	Toyota to come out with new vehicle - NVX Found this on the net: AutoIndia.com - Toyota-Kirloskar may launch new vehicle later this year Toyota-Kirloskar may launch new vehicle later this year April 29, 2008 New Delhi, 29 April 2008: Toyota-Kirloskar Motor is expected to launch a new multi-purpose vehicle later this year. In another development, the car major, which was hit by labour problems a few years ago, has resolved most of the issues ahead of the small car project. Code-named NVX, the multi-purpose vehicle, will have the same engine as that of Innova but will have different features. But the Deputy Managing Director of Toyota Kirloskar, Mr K.K. Swamy, said he was not aware of any such plan. The platform on which Innova is built can be used to manufacture several variants of the multi-purpose vehicle as well as vehicles such as pick-up trucks. Sources said that the company has started shooting television commercials for the vehicle. Toyota-Kirloskar has a capacity to produce 60,000 cars annually and once the new plant to produce small cars is set up, Toyota plans to use the existing capacity to build only multi-purpose vehicles as the production of Corolla will be shifted to the new plant. Since its launch in 2005, Innova has sold a total of 1,32,000 units. The company has announced that it will build a second plant to produce small cars. The total capacity of the new plant is around one lakh units a year, and the company has committed an investment of about Rs 1,400 crore. Toyota-Kirloskar launched its first multi purpose vehicle, Qualis in 2000, which was phased out in 2005. Toyota is generally known to phase out vehicles every five years as was the case with Qualis. In the case of Corolla which was launched in 2003, its new model will be launched later this year. Courtesy: Business Line Anybody's got more details on this? Last edited by VBV : 30th April 2008 at 18:03.
	() Thanks

30th April 2008, 19:10	#2
GTO - Touring BHPian Join Date: Aug 2004 Location: Mumbai Posts: 710 Thanked: 54 Times	I don't see the need or the market for another MUV from Toyota...unless its a Qualis replacement (read cheaper and bare but reliable).
	() Thanks

30th April 2008, 19:24	#3
snaronikar Senior - BHPian Join Date: Jun 2007 Location: Bengaluru Posts: 2,845 Thanked: 29 Times View My Garage	Hmm...I think this is the old news, correct me if I'am wrong.
	() Thanks

30th April 2008, 22:06	#6
speedzak BANNED Join Date: Mar 2006 Location: India Posts: 4,347 Thanked: 27 Times	As GTO said, if it's a replacement for the Qualis, then all welcome. Junta is going to be soooooo happy! I very much see the necessity of a cheaper MUV from Toyota.
	() Thanks

30th April 2008, 22:59	#7
theMAG Distinguished - BHPian Join Date: May 2006 Location: Avon, CT Posts: 7,217 Thanked: 1,807 Times View My Garage	Instead of launching the Fortuner, they decide to launch a utility vehicle on the Innova platform. This company seems to be quite disconnected with the maturing of the Indian market since the Qualis was launched. Either that, or the Sumo Grande has given them sleepless nights. Last edited by theMAG : 30th April 2008 at 23:02.
	() Thanks

1st May 2008, 01:11	#8
ashutoshb Senior - BHPian Join Date: Jul 2006 Location: NOIDA Posts: 1,756 Thanked: 4,288 Times View My Garage	If this news report is correct, I see the Qualis II coming.
	() Thanks

2nd May 2008, 12:38	#9
directinjection Senior - BHPian Join Date: Oct 2005 Location: Faridabad/Delhi Posts: 1,704 Thanked: 780 Times	Why would Toyota relaunch the Qualis? The Innovative International Multipurpose Vehicle (IMV) Project of Toyota comprises 5 models including the Innova. Three of them are pick-up trucks which are not Tata 207 DI type workhorses but more of life-style pick ups with limited market in India. We already have the Innova here, so that only leaves the Fortuner. So in my view, the new vehicle is the Fortuner only but with the same engine as Innova, to keep costs down and logistics simple. Here's what Toyota says about the IMV Project: TOYOTA: IMV Project
	() Thanks

2nd May 2008, 13:58	#10
VBV BHPian Join Date: May 2007 Location: Bangalore Posts: 227 Thanked: 6 Times	Found this on the Net: India: Toyota's new UV by end of the year If the new vehicle is anywhere close to what it is in the pic, it will be worth looking forward to.
	() Thanks

2nd May 2008, 16:53	#14
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,825 Times View My Garage	Qualis costs more to produce than the innova. So no sense in making qualis again. I guess it will be something based on Innova platfrom, but the body/interiors will be different so that they can price it a lakh below the innova.
	() Thanks

2nd May 2008, 17:25	#15
Zappo Team-BHP Support Join Date: Oct 2005 Location: Hyderabad Posts: 5,922 Thanked: 2,699 Times	It also makes sense from another perspective. Toyota is slowly (that is so typically Japanese) trying to fill up the various price points and are keen to have a complete range for the market. Now, they have already gone to town with their intention to have a newly developed small car to take on the Indian market for the B/B+ and entry C segment. The Innova with its price range probably covers the upper C segment well (though its not a sedan but it still sells well in the personal cars market). Of course TKM has vehicles at the various higher price points. So logically speaking they do need a vehicle that can cover the price point between 6-8 lakhs. And this new vehicle could very well be an endeavour in that direction.
	() Thanks