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Toyota Unveils Etios Small Car for Emerging Markets
Toyota has unveiled the Etios concept small car at the 10th Auto Expo automobile show in New Delhi.
Just like Honda’s New Small Concept, the Etios shows Toyota’s low-cost small car for the emerging markets.Toyota will build the Etios at a new plant in India and later next year in Brazil.
In India it will target family users with a 'one class above' theme. It will be pricier than other local competition but local parts will be used as much as possible to keep costs low.
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Toyota said more than 2,000 engineers in India and Japan worked for four years on the Etios, which is code-named EFC for entry family car.
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Indian production begins late this year and the annual sales target is 70,000 units.
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