New Delhi: Japanese car giant Toyota on Friday launched next generation of premium sedan Camry in India at an introductory price of Rs 23.8 lakh (ex showroom Delhi).

The company, which is present in India through a joint venture with the Kirloskar group, will be assembling the car at its Bangalore facility.

"This is the seventh generation of Camry. We will be manufacturing it locally in India so that it can be available easily," Toyota Kirloskar Motor (TKM) Manging Director Hiroshi Nakagawa told reporters here.

The model is currently being manufactured at 10 locations across the world and Bangalore will be the eleventh production base, he added.

The company has launched the new Camry with a 2.5 litre petrol engine with a 6 speed automatic transmission.

"It will be only in the petrol mode as we do not have diesel in our premium segment across the world. Camry is available only with petrol globally," TKM Deputy Manging Director (Marketing) Sandeep Singh said.

Camry, which was launched in India in 2002 has witnessed sales of 6,500 units so far.

The earlier version of Camry was priced between Rs 21.58 lakh and Rs 23.73 lakh (ex showroom Delhi).

The new Camry will compete with Honda's Accord, Volkswagen's Passat and Skoda's Superb.


Latest News from Business News Desk