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Toyota planning cheap car for emerging markets
Automotive News is reporting that Toyota will launch a really cheap car in the next two years. Most likely to be built in India, it is primarily intended for sale in emerging markets, but could also find its way into more developed markets, too. So far, India and Brazil seem to be the leading candidates for hosting production of this inexpensive family car. One reason the company may be siding with India is that Toyota has already acknowledged it will be building a new plant there. A new facility with an annual capacity of 100,000 units is ... Read more →
India's Tata Motors cheap car could be good/bad for country Chris Tutor
We told you last year about India's Tata Motors' plan to begin selling a four-door, rear-engined, VW Rabbit-sized vehicle for less than 100,000 Rupees, or about $2,400. Right now, .8% of Indians can ...
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Toyota planning cheap car for emerging markets 2 years ago on Autoblog
Automotive News is reporting that Toyota will launch a really cheap car in the next two years. Most likely to be built in India, it is primarily intended for sale in emerging markets, but could also find its way into more developed markets, too. So far, India and Brazil seem to be the leading ...
India's Tata Motors cheap car could be good/bad for country 2 years ago on Autoblog
We told you last year about India's Tata Motors' plan to begin selling a four-door, rear-engined, VW Rabbit-sized vehicle for less than 100,000 Rupees, or about $2,400. Right now, .8% of Indians can afford to own cars compared to 70% of Americans. Even so, India's urban roads are already ...
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