Toyota Lexus likely to debut in India

All the big players of the Auto Market, such as Audi, Mercedes and BMW are growing their market by launching luxury cars in India. And taking inspiration from these big daddies of the auto industry, even Toyota India is likely to launch a brand new luxury car known as Toyota Lexus in India. Apart from launching Toyota Lexus, this car manufacturer is also giving a thought to trigger its own finance division for cars, which is expected to be known as Toyota Financial services. The main aim towards this finance division is that it would surely boost up the car sales.

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As per the Managing Director of Toyota Kirloskar Motors, Mr. Hiroshi Nakagawa, the Japanese car maker is surely giving a thought to launch new products in the country. So, more research is being done in India to launch Toyota Lexus in India.Indian Auto Market has definitely seen a boost in the luxury car segment of the market. According to the reports, more than 70% of growth was seen in the sales figures in the last year. For Toyota, Indian Auto Market is the main target to improve its sales by offering consumers with luxurious Toyota Lexus.

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In flow with the Deputy MD of Toyota India, Mr. Singh, Toyota doesn’t share any kind of dealership network with Lexus. However, Toyota India financial services will help the sales figures from falling down. Nonetheless, the exact date for launching this financial service isn’t known yet, but it could be expected to kick-start pretty soon.

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Just like Toyota India is planning to trigger off the finance arm, companies like Mercedes, BMW and Volkswagen already have this kind of financial services to enhance the sales. The Japanese car manufacturer launched the new version of its sedan car Toyota Corolla Altis yesterday, it is expected Toyota India will see an improvement in the sales figure with the launch of this new variant in the Indian auto market.

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