Toyota Glanza is the third-highest selling product in the segment now.
Was being offered at an introductory price so far.
With price correction, Toyota will add an affordable entry variant to keep entry price similar.
Differentiates itself from the Maruti Suzuki Baleno on warranty and after-sales service.
The Toyota Glanza was launched a few months ago and received a lukewarm response thanks to its perception that it is nothing but a rebadged Maruti Suzuki Baleno. While that perception might be true, it has slowly been garnering more sales per month, with 2322 units sold in August, which was good for third-best in the segment, behind only the Baleno (11,067 units) and the Hyundai i20 (7071 units sold). It was launched with an introductory price, and it looks likely that Toyota is ready to correct its prices now.
The Glanza’s current price pegs it roughly Rs 70,000 less than the equivalent Baleno price at the current prices. However, that price correction means that the entry point to the Glanza range will increase, and Toyota would like to retain that low entry cost – so a new variant will be launched to meet this requirement.
It will slot in below the G MT variant and will have the lower price point thanks to it dropping the mild hybrid variant of the 1.2-liter engine that the G MT currently runs. This means it will have a lower power figure of 83bhp, 7bhp less than the mild-hybrid variant, and the fuel efficiency figure will also be less than the current claimed figure of 23.87kpl. Both engine variants that power the Glanza are BS-Vl compliant, so there will be no change in the output figure.
Glanza’s increasing popularity is thanks to Toyota’s strong aftersales. It is offered with a 5 year, 2.2 lakh km extended warranty, low cost of regular maintenance, 3 years of roadside assistance for no extra cost, and customers always have peace of mind with Toyota’s service quality.