Japanese auto major Toyota today launched in India premium hatchback Glanza, its version of Suzuki’s Baleno, which it is sourcing from its compatriot as part of their collaboration.
The Glanza has been priced in the range of Rs 7.22 lakh to Rs 8.9 lakh.
Toyota, which is present in India through a joint venture with the Kirloskar group, is offering the Glanza only in two variants in BS-VI compliant 1.2 litre petrol engine with automatic transmission options.
Maruti Suzuki currently sells its Baleno in both petrol and diesel engine options with four different variants with automatic transmission options priced between Rs 5.46 lakh to Rs 8.9 lakh.
Commenting on the launch, Toyota Kirloskar Motor (TKM) Managing Director Masakazu Yoshimura said that “in a dynamic market like India, it will be our constant endeavour to offer a range of options to our customers whose choices are governed by their mobility needs and expectations from brand”.
TKM is offering warranty of 3 years/1 lakh kilometres that can be extended up to 5 years/2.2 lakh km.
The Glanza comes equipped with features such as touchscreen audio with Android Auto and Apple CarPlay for smart phone based navigation.
When asked how Toyota would differentiate the Glanza from Maruti Suzuki’s Baleno, Yoshimura said it will be based on customer experience, specially in the after-sales service.
The two companies had also stated that they were considering a concrete collaboration in new fields that would include Suzuki supplying its Ciaz sedan and Ertiga multi-purpose vehicle to Toyota in India in addition to the already agreed supplies of premium hatchback Baleno and compact SUV Vitara Brezza.
“If the demand comes up for different flavours for premium hatchback, we would need to look at it. We are always looking at opportunities,” he said, however, adding the alliance helped both the companies to focus on their core areas of strength – Toyota in medium and large vehicles, Suzuki in small segment.
He said the expectation is for the auto industry to pick up growth towards the second half of the year continue to grow through the next two-three years.
As for Toyota, he said, “We are looking to grow in line with the market this year. Last year we sold 1.5 lakh units.