Toyota's SUV Fortuner at Rs 18.45 lakh

Auto maker Toyota Kirloskar Motor on Monday announced the launch of its sports utility vehicle Fortuner, priced at Rs 18.45 lakh (ex-showroom, Delhi).

The new SUV comes with a 3.0 litre D-4D diesel engine with five speed manual transmission.

"Globally, Fortuner has already sold over 250,000 units in more than 60 countries since its launch in 2005. The launch of Fortuner today is an expression of Toyota's commitment to provide best in class quality and technology to our customers in India," Toyota Motor Corporation senior managing director Akira Okabe told reporters in New Delhi.

"The SUV market in India has witnessed extensive growth due to launches in mid and premium SUV segment. We expect that the launch of the Fortuner will expand the mid SUV market in India," Toyota Kiloskar Motor deputy managing director (marketing) Sandeep Singh said.

Toyota Kiloskar Motor is a joint venture between Japan-based Toyota Motor Corporation and India's Kirloskar group.