Toyota small car to use yaris platform-will have diesel option

While it is no suprise to most,finally some details seem to be out though in true Toyota fasion things still are not clear about their new product launch,nor the fact wheter Daihatsu will play a role in India,According to unconfirmed sources from toyota,this car will take on the Tata Indica and would be priced around 3 lakh INR

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Japanese car major Toyota’s small car plans for India will either involve a brand new car based on its Yaris platform or an India-specific model developed from scratch. When contacted, KK Swamy, deputy MD, TKM, “As part of our policy, we do not comment on our future projects or products.” Fellow Japanese carmaker Honda is using its Fit/Jazz platform to churn out a next-gen product for India. Auto industry sources say Toyota may follow the Innova model for its small car sourcing from specific low-cost centres and selling the model in Asia and the BRIC markets. The small car may also come with both petrol and diesel powertrains, say sources. Toyota’s Indian subsidiary, Toyota Kirloskar Motor, is likely to announce its small car project before the end of this year, say sources. The car is being built on a new platform in Toyota’s second plant. This plant is likely to come up in Bangalore with an investment of around Rs 2,000 crore. “We plan to make an announcement regarding the small car in the next two months,” sources said. Toyota’s global small car is being designed in Japan. “The new car is being built on a new platform and that is the reason we have taken more time than was expected,” said Toyota Kirloskar Motor MD Atsushi Toyoshima.

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