Thursday January 29, 2009
Japanese carmaker Toyota may soon start manufacturing its saloon car, the Toyota Camry, in India. The Camry is currently imported as a Completely Built Unit (CBU) from Japan, at a 110 per cent composite import duty. Priced at Rs. 21 lakh, it is in the same segment as the Mercedes C Class and the Skoda Superb. If manufactured in India, its cost will come down by Rs. 4 lakh, thus putting it in the much larger executive car segment along with the Honda Accord and the Hyundai Sonata.
Japanese carmaker Toyota may soon start manufacturing its saloon car, the Toyota Camry, in India. The Camry is currently imported as a Completely Built Unit (CBU) from Japan, at a 110 per cent composite import duty. Priced at Rs. 21 lakh, it is in the same segment as the Mercedes C Class and the Skoda Superb. If manufactured in India, its cost will come down by Rs. 4 lakh, thus putting it in the much larger executive car segment along with the Honda Accord and the Hyundai Sonata.
Soruce: DriveInside.com
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