Asia Bizz: Toyota Kirloskar Motors has decided to bring a new and cheaper variant of its Toyota Corolla Altis for the Indian market. The new automatic variant has 1.8 litre petrol engine and features seven speed automatic gearbox.

The model has been brought in to the auto market by the Japanese company without much fanfare. The new Altis has been priced at Rs 1,376,000, which is Rs 125,000 cheaper than the top end automatic variants.

The new variant has been titled as 1.8 G-HV and is expected to garner a lot of attention as it will be the cheapest automatic sedan in the D segment. The company has termed it as a low maintenance vehicle compared to the other vehicles in the segment.

The new Corolla also has major safety features as it is ‘bomb proof’. The other features of the Altis G-HV include touchscreen DVD console with Bluetooth Connectivity; but in order to bring down the cost of the vehicle, a number of luxury features have been cut down. Some of the luxury features like electric seats, leather upholstery, Xenons with headlamp washers, retractable rear sunshade, start/stop buttons, keyless entry and full leather wrapped steering have been deleted from the new Altis so as to bring down the cost of the vehicle.