Toyota to roll out GeNext Corolla, Fortuner

With an aim to increase its presence in the fast-growing Indian automobile market, Toyota Motor Corporation (TKC) plans to launch an array of new vehicles, and will roll out its next-generation Corolla sedan and new compact offroader Fortuner this year.

“We aim to become a full-range car company in the next few years, and, realistically, it’s a big task. We are finalising plans to introduce several new vehicles from the our stable, aiming a much higher market share in India than the current 3%,” said

Toyota’s newly appointed India head Hiroshi Nakagawa. “The new vehicles will be both imported and locally manufactured at our Bangalore facility,” he added.

The company is looking at products across the segments, including the luxury marquee Lexus and compact car Diahatsu, that could hit the market in the next few years. “We are in the final lap of bringing in new vehicles in the premium segment, the volume generating small-car segment will be rolled out sometime in 2010,” Mr Nakagawa said.

Priced in Rs 10-14-lakh range, the new Corolla will be pitted against the newly launched Volkswagen Jetta and Honda Civic. Fortuner, in the price band of Rs 15-19 lakh, will compete with Maruti’s Grand Vitara, Honda CRV, Ford Endeavour and GM’s Captiva.
Toyota chief said he was not too worried about the negative impact of rising inflation and galloping fuel prices. “We are closely watching the prevailing low sentiment in the auto market, but are bullish on the potential of the Indian market,” Mr Nakagawa said.

Toyota beats Holden, Ford: Will build Camry Hybrid in Australia

Back when North American markets shunned RWD cars in the '80s and '90s, Australians couldn't get enough of them. That sentiment has been rapidly changing as the blokes down under are increasingly looking to integrate more efficient transportation into the Outback. The Australian government is in on the hybrid game, too, and has promised that any domestic automaker that produces a hybrid will be greeted with a fist-full of orders. Toyota is listening, and the Japanese automaker has green-lighted the production of 10,000 Camry hybrids per year at its Altona plant in Australia, making it the first automaker to build a production hybrid in the land of Oz. The announcement comes only a few days after an Aussie legislator singled out Ford of Australia and Holden, GM's Australian division, as companies that need to produce hybrids domestically so the government doesn't have to buy imported Toyotas and Honda hybrids. Looks like it's time for the Australian government to make with the checks. Its domestically built hybrid is on its way care of the Japanese.

Toyota may build more Camrys at truck plant

Automotive times are a-changin, as fuel-efficient cars are now outselling trucks by a wide margin. Toyota's flexible manufacturing capabilities allow it to adjust to these crazy times, and the Japanese automaker is discussing a plan to build still more Camrys at its Indiana truck plant. The Princeton plant is only running two shifts right now, and its trucks and SUVs are suffering just as much as similar offerings coming out of Detroit. That makes the plant a great fit for the Camry, which sold an astonishing 51,291 units last month. Honda has already decided to increase production of the Civic, which was the top-selling vehicle in the US last month with over 53,000 units leaving the showroom floor.

Spy Shots: Toyota/Subaru coupe caught in the wild

AutoExpress may have provided us with a rendering of what the new RWD Subaru coupe might look like, but Winding Road's hired spies have provided the real deal. Shot outside a test center in the UK (amidst white-out conditions), the camo-clad mule is sporting some body panels pilfered from the current Legacy, but with a Toyota emblem in front, a pair of Recaro buckets inside and a shrunken trunk, there's little doubt that this prototype is more than just your standard sedan.

There's still no confirmation about what kind of output the 2.0-liter flat-four will be producing, as estimates have ranged from 180- to 220-hp, but grunt is expected to be shoveled to the rear wheels through a six-speed manual gearbox and pricing should start a few pennies shy of $20,000.

Prius sales tank in May, Toyota blames battery supply

This stat might seem confusing given the fact that fuel economy is king at dealerships right now, but Toyota just reported that Prius sales were down almost 40% in May compared to the same period in 2007. While overall 2008 sales of the hybrid postercar are up a little over 2%, this just doesn't seem possible. Just over 15,000 Priuses were sold in May '08 compared to more than 24,000 in 2007. Overall sales in 2008 have slightly surpassed '07 sales through May, with a total of 79,675 units moved this year compared to 76,747 last year, but it seems like something is amiss. Then you read about a battery supply problem that's affected production of the Prius and it all starts to make sense. AutoblogGreen reports that Toyota's VP of Communications, Irv Miller, said batteries are in short supply worldwide and this is what affected Prius production and its sales last month in the U.S. He added that last year's figures were slightly inflated due to, wait for it, incentives being used to move slow-selling hybrids. Ah, the good old days. While there is still an obvious demand for the Prius, our brothers at ABG surmise we'll be on a one-day supply of Priuses until the new one comes out in January. Can you say mark up?