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regular-article-logo Friday, 22 November 2024

Toyota Kirloskar to stop selling mid-sized sedan Yaris in India

The company had launched the model in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom)

PTI New Delhi Published 28.09.21, 01:30 AM
Representational image.

Representational image. Shutterstock

Toyota Kirloskar Motor (TKM) on Monday said it will stop selling its mid-sized sedan Yaris in India with immediate effect as part of its product strategy to cater to the evolving needs of customers.

The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz. However, it didn’t get a robust response in the market, clocking a cumulative wholesales of 19,800 units.

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“Toyota Kirloskar announces the discontinuation of Yaris in India with effect from September 27, 2021. This move is a part of Toyota’s product strategy to continue to cater to the ever-evolving needs of the customer,” the company said.

TKM sells a range of vehicles, including hatchback Glanza, compact SUV Urban Cruiser and Innova Crysta.

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