Toyota India recently launched the new Innova Crysta that replaced the old-gen Innova. The MPV was launched with a price tag starting at Rs. 13.84 lakh (Ex-Showroom, Mumbai). The model went on to register bookings to the tune of 15,000 units. The company also plans to introduce a petrol variant for the MPV especially for the region of Delhi where the Supreme Court of India has banned diesel vehicles (2.0L or above).
Even as we wait for the launch of the petrol powered Innova Crysta, reports suggest that the Japanese automobile manufacturer has reduced the price for the Camry Hybrid by Rs. 2.3 lakh. The move comes just days after Maruti Suzuki reduced the prices of the Etriga and the Ciaz equipped with SHVS engines.
The reduction in the price can be attributed to Delhi government bringing down VAT, from the earlier 12.5 % to the current rate of 5 %. The price reduction will be valid only for the Hybrid variant, only in Delhi, and hence the prices of the petrol powered Camry will stand to remain the same.
Currently, the Camry benefits from the FAME (Faster Adoption and Manufacturing of [Hybrid and] Electric Vehicles) scheme that reduced the price of the hybrid by Rs. 70,000. Powering the Camry Hybrid is a 2494cc 4 cylinder, petrol engine that produces 158 hp of peak power output and 213 Nm of torque. The electric motor on the other hand, develops a a power output of 141 hp and 270 Nm.