As Toyota continues on its quest for global automotive market domination, we receive word today courtesy of AFP that the Japanese automaker will target emerging auto markets with a super-inexpensive new automobile. With eyes on places like China and Russia, Toyota has stated that it will re-examine every single part of its
production process in the interest of cutting costs across-the-board. They even went so far as to say they would come up with new low-cost materials if necessary.
The vehicle Toyota has called out is the Renault/Dacia Logan, which starts at around €5,000. Look for Toyota's car to offer equal (or better) equipment levels for the same price or less whenever it arrives.
Thanks for the tip, Vinny!
[Source: AFP/Breitbart]
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Reader Comments (Page 1 of 1)
Andrea @ Jun 18th 2007 7:03AM
Toyota,your cars aren't a good cars
Count Dracula @ Jul 15th 2007 9:44PM
Why Toyota want such a thing?... to compete with a "obscure" company such as Dacia-Renault? Hmmm... mabie "that's the future" mabie it's a real threat for all other BIG ONES,(why buy a used one?), or just mabie it's a new way of thinking "car business" (instead making "good end expensive ones" and few years after that start "downgrading" for "keeping them competitive"...) That's an "iPhone" for "the 'ol good boys" in the car making industry ( HA! - Henry Ford and Fedinand Anton Porsche's Dream Car!)