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Toyota Kirloskar Motor stops sale of mid-size sedan Yaris from today, Auto News, ET Auto

Launched in April 2018, the model clocked 11,831 unit sales in FY19, 3,602 in FY20 and 4,056 in FY21.

New Delhi: Toyota Kirloskar Motor (TKM), the joint venture of Japanese carmaker Toyota and Kriloskar Motors, on Monday announced the discontinuation of its mid-segment sedan Yaris in India from September 27, 2021.

“This move is a part of Toyota’s product strategy to continue to cater to the ever-evolving needs of the customer through enhanced technologies and product offerings,” said the company statement.

The automaker added that it will continue “ to cater seamlessly to all Yaris customers’ needs through our dealer service outlets across the country, along with the promise of availability of Toyota genuine spare parts for minimum next 10 years on this discontinued model.”

In April this year, TKM produced just 237 units of Yaris. For the past four months, the company has not produced a single unit of this model.

Launched in April 2018, the model clocked 11,831 unit sales in FY19, 3,602 in FY20 and 4,056 in FY21.

Toyota said in a statement, “We thank all our customers for their support and placing their trust in the brand. We would like to continue to serve such customers with other current offerings and preparations are underway to launch new Toyota models in the coming New Year 2022,” TKM said.

The company said that over the last two decades, it has been harnessing its manufacturing capabilities to bring in world-class products to Indian consumers. “As a part of this endeavor, we will continue to leverage our leadership and vast expertise in cleaner technologies to refresh our product portfolio to meet the evolving customer choices and enable a greener mobility,” it said.

In April 2020, the automaker also bid farewell to Etios series, as well as the Corolla Altis in India.

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It has made adjustments to production operations for September, and is reviewing the production plans for October owing to a shortage of certain parts caused by the spread of Covid-19 in Southeast Asia, the company said.

On a YTD basis, the automaker’s cumulative wholesales stood at 85,209 units as against 39,627 units in the January to August 2020 period, registering a growth of 115%.

The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is now moving rapidly to deliver its first all-electric line-up next year. Toyota said it aims to slash the cost of its batteries by 30% or more by working on the materials used and the way the cells are structured.

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