The collaboration with Maruti Suzuki has been more on a symbiotic association and it is going to be a win-win situation for Toyota and Suzuki, said D Raja, managing director, Toyota India.
“We provide technology by way of Toyota hybrid system available for them and we use their volume to make in India. The hybrid systems which is the first of its kind using the government initiative of Make in India,” Raja said.
Toyota on Thursday launched 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 tagged at an introductory price ranging from Rs 7.22 lakh to Rs 8.9 lakh.
The MD said Toyota is also considering to collaborate with Maruti to produce its own version of Brezza, Ciaz and Ertiga.
On Glanza, Raja said, “We give a gamut of a whole lot of offers to the customers. Along with the product they get a three-year warranty up to 100,000 km. We can extend it by two years to 220,000 km. We have roadside assistance for the customer and so many features which are of strong touch points to the customer.”
On the target for this financial year, he said, “At Toyota, we do not look at numbers. It is more like an increased option to my valuable customers and we move the same way. As customers get satisfied the more the volume that comes in. We do not have a fixed target for this product.”