Toyota Corolla Altis soon to leave Indian Market

Corolla Altis will not get a BS-VI emission upgrade so the car will likely be discontinued. Badge-engineered Maruti version will be cancelled as well.

The popularity of the SUVs has increased in recent times which has caused a decline in the D-segment Sedan. Seeing the market trends as well as BS-VI Norms kicking in from 1st April 2020, Japanese car manufacturer Toyota is likely to shelve plans of introducing the new BS-VI Corolla Altis in India. Maruti Suzuki will reconsider is likely to reconsider its decision to introduce a rebadged version of the sedan. 

However, now with the customers migrating to SUVs and sales for the executive sedan segment going downhill, Suzuki has had second thoughts about the model’s success.  The company is also worried that the brand strength may not stretch enough to enable healthy margins. The sales of the Corolla, Octavia and Elantra fell by 30 percent.  Ironically, at 2,783 units, the Corolla finished at the top of this segment.  However the numbers remain small and without the potential of additional sales numbers from Maruti, Toyota does not have a viable case for upgrading the Corolla.

Robinhood users have been scooping up Tesla’s plunging stock
2020 Skoda Superb facelift revealed, India bound

Leave a Reply

Your email address will not be published. Required fields are marked *