Green Heroes: Formula E Subscribe to RSS feed. Follow us on Twitter. Sign up for our newsletter

Awards won by TheGreenCarWebsite.co.uk

The Green Apple Awards 2011 GreenFleet Award

Information

Archive

Toyota to work on small car for developing markets

Having already established itself as the firm leader in the green car race, Toyota has now set its sights on the developing market. According to reports in the Nikkei, the Toyota Motor Corporation will develop a compact car with its subsidiary mini-car specialist Daihatsu Motor Company that will be marketed for less than US$11,000 in India, Brazil, China and elsewhere. Toyota, which currently holds a 51.2 per cent stake in Daihatsu, will be embarking on the first joint development of a strategic vehicle with the firm for overseas markets. It is part of Toyota President Akio Toyoda’s vision to tailor products for individual regions rather than simply offering the same vehicle line-up all around the world. It is expected that the vehicle will be marketed in the first half of the next decade, but it isn’t the only exciting venture from the Japanese manufacturer in the emerging markets. Toyota has also been developing its own compact entry-level family car powered by a one-litre engine and hopes to begin manufacturing it in India in around 2011, where it would sell for approximately US$13,200.

Share this article

Paul Lucas

Filed under: Latest News, Green cars, Toyota

No comments yet

No comments yet.

Leave a comment

Popular posts

Image: Biofuels: the pros and cons
Image: Hybrid cars: a guide
Image: LPG conversion: a helpful guide
The Green Piece
Available UK charge points for electric vehicles