Toyota small car for India could have a diesel variant!
February 21st, 2009 Leave a comment Visited 46 times, 1 so far today
Toyota small car for India could have a diesel variant!
Market sources say that the upcoming small car from Toyota for the Indian market could have a diesel version as well.
The company had this to say: “The new strategic small-vehicle project has reached half-way in its development. We will launch it in 22 months.”
Apparently this is one of the few projects at Toyota which are still getting the company’s attention during these tough economic times.
Toyota Kirloskar Motor managing director, Hiroshi Nagakawa had this to say on the market scenario: “The market condition for Toyota India is tough. Our sales have dropped by 50% and we had to cut production by 30% due to an inventory pile up. But we have managed the inventory problem from November to January and are now producing 3000 vehicles per month. The production volume will be increased step by step in February, March and April.”
Toyota India is also almost ready to come out with the Toyota Innova CNG edition.
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