New Maruti-Toyota MPV to be launch soon in India, Check details

Toyota Kirloskar Motor has already launched two Maruti Suzuki India vehicles with their own badges: the Maruti Suzuki Baleno as the Toyota Glanza and the Maruti Suzuki Vitara Brezza as the Toyota Urban Cruiser. The cross-badging of automobiles was part of Toyota Motor Corporation's and Suzuki Motor Corporation's strategic relationship. Their Indian operations have just added a new co-developed mid-size SUV to their lineup: the Toyota Urban Cruiser Hyryder and the Maruti Suzuki Grand Vitara. But now it's Toyota Kirloskar Motor's turn to supply Maruti Suzuki India with a car, a CMPV (C-segment multi-purpose vehicle) to Suzuki India.

Toyota Kirloskar Motor and Maruti Suzuki India will both sell the new MPV during the current fiscal year.

"Your company is preparing for the launch of a CMPV in FY23, which will be the first cross badge Toyota vehicle offered to MSIL (Maruti Suzuki India Limited)," Toyota Kirloskar Motor claimed in a filing to the Registrar of Companies, as cited by Business Standard.

In India, Toyota Kirloskar Motor sells the Innova Crysta MPV. The company said in August that it had stopped accepting bookings for the diesel edition of the car due to an increase in waiting time due to excessive demand. 

Maruti Suzuki India has a market share of more than 60% in the country's MPV sector, thanks to models such as the Ertiga and the XL6. The Ertiga is also available in CNG, and the CNG option contributes significantly to Ertiga volume. Every month, the country's leading automaker sells roughly 13,000 units of the Ertiga and XL6.

In fiscal year 22 (FY22), the MPV segment accounted for 8.5% of the total passenger vehicle (PV) market. Other vehicles in the segment include the Kia Carens and the Renault Triber, in addition to the Toyota Innova Crysta, Maruti Suzuki Ertiga, and Maruti Suzuki XL6.