Seven new, low-cost compact models Toyota plans according to Executive Vice President Yukitoshi Funo 2015 to send in the emerging markets into the race.
The aim of the Japanese is to reduce their dependence on markets in Europe, North America and Japan, and place a greater emphasis on fast-growing markets such as India, China and Brazil. There is currently dominated by VW, GM and Hyundai / Kia.
Already in late 2010 discovered the compact sedan "Etios" its launch in India at prices around 9000 U.S. dollars. From Etios and the seven models, the manufacturer wants to come in 2015 to settle in over 100 countries, one million copies. The prices of new vehicles will be at 12 600 U.S. dollars. Production facilities in some emerging countries like India, China or Brazil will manufacture the cars.
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