Japanese carmaker Toyota on Monday launched the petrol variant of its much anticipated small car Liva in India, priced between Rs 399,000 and Rs 599,000 (ex- showroom, Delhi).
The auto major has also invested Rs 3,200 crore (Rs 32 billion) to set up its second manufacturing facility in Bangalore.
"The company, which is present in India through a joint venture with the Kirloskar Group, has invested Rs 3,200 crore to set up its second manufacturing facility in Bangalore with an initial installed capacity of 70,000 units per annum.
"With Liva we will now be a complete manufacturer in India, offering a full range of products including the luxury SUV Prado... Liva is a very useful stylish and dynamic car," Toyota Kirloskar Motor managing director Hiroshi Nakagawa told reporters in New Delhi.
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