There is talk about Small Cars everywhere and now its Toyota who showed interest in small cars. The not only plans to launch its new small car in India by 2010-11 but also plans to make India as its export hub for small car.
Currently Toyota sells Innova which is one of the most successful car from them. Toyota said that they are not late in entering market but they want to make a car which is safe as well as can make good profit. We are not going to make a small car just for the sake of making a small car.
Also, company is looking to make India its small car hub. They are going to make huge investment in order to make India as their production center for small car for exports also. The company may firm up its plans over the next two-three months.
Advert.