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Toyota Alphard 2009
Toyota, Daihatsu To Develop Low-Cost Car For Emerging Markets
Japanese automakers Toyota Motor Corp. (TM: News) plans to sell a compact car for less than 1 million yen in China, Brazil, India and other countries in the first half of the decade next start, the Nikkei Business Daily said on Thursday.
The new vehicle will be jointly with Toyota, Daihatsu Motor Co. unit will be developed, should be manufactured in a factory Indonesian Daihatsu Motor. Toyota will market the car under its own brand.
The step is, in line with the vision of President Akio Toyoda, Toyota, customize product offerings to different areas, rather than expand the traditional business model Toyota offer essentially the same range throughout the world. This also marks the first joint development firm Two, a strategic tool for the overseas markets.
Apart from the joint effort with Toyota, Daihatsu, alone, was the development of a compact entry-level family car driven by a motor of about 1 liter. The company, which this car in India in 2011 and they sell for around 1.2 million yen.
The demand for affordable vehicles is growing. Hundreds of millions in emerging markets like China, India, are likely to join the middle class in the next ten years, and the cars should be at the top of their shopping lists. India is a major market for cheap cars.
The new vehicle will be jointly with Toyota, Daihatsu Motor Co. unit will be developed, should be manufactured in a factory Indonesian Daihatsu Motor. Toyota will market the car under its own brand.
The step is, in line with the vision of President Akio Toyoda, Toyota, customize product offerings to different areas, rather than expand the traditional business model Toyota offer essentially the same range throughout the world. This also marks the first joint development firm Two, a strategic tool for the overseas markets.
Apart from the joint effort with Toyota, Daihatsu, alone, was the development of a compact entry-level family car driven by a motor of about 1 liter. The company, which this car in India in 2011 and they sell for around 1.2 million yen.
The demand for affordable vehicles is growing. Hundreds of millions in emerging markets like China, India, are likely to join the middle class in the next ten years, and the cars should be at the top of their shopping lists. India is a major market for cheap cars.
Fourth Model of Toyota Camry
Now in its fourth model, the current Toyota Camry has a number of mechanical adjustments and styling in an updated received mid-cycle. Chief among them is a large group of four-cylinder engine, offers more security and standard style with a greater differentiation of the Camry Hybrid updated.
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