Toyota Motor Corporation will be launching more small cars and will enter fast growing segments like SUVs to achieve marketing leadership in India.
Satoshi Ohiso Managing officer of Toyota Motor Corporation said, "If you look at our portfolio in India, we have just one small car, Liva. We need more if we have to have big volumes in a fast growing market like India,"
Ohiso did not share company's future product details but he said, another prime focus of the company is the fastest growing segment Compact SUV. "Globally, the compact SUV segment is getting more popular and in India it is also the same. We will definitely have our presence there," he said.
"We launched the Etios which was developed keeping the Indian market in mind. Today, the Indian customer is more aware of the international trends, they are discerning and our endeavor will be to satisfy them," he added to his statement.
While Bernie O'Connor Executive Asia Vice president of Toyota Motor said by sharing company's long term ambition in India, "Globally we are leaders, if you look in other Asian countries like Indonesia, the Philippines as well, we are leaders. Definitely, we have an ambition to be the number one in India as well in the long term".
"In the long term, we need to have a diesel engine manufacturing plant in India but the lack of clear cut direction in auto fuel policy is something we need to watch out for. We need to see which way India is going," he added.
O'Connor also said, "We would have to see how things are (import tariff) before we decide to launch more hybrid vehicles. At the moment it is a very costly proposition to sell our hybrids in India,"
The Prius is the only model launched by Toyota in India.
Below is the pic of Prius :
(Photo : a2zmag.com)
Let Us know What you think about this below in comments section !!
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Satoshi Ohiso Managing officer of Toyota Motor Corporation said, "If you look at our portfolio in India, we have just one small car, Liva. We need more if we have to have big volumes in a fast growing market like India,"
Ohiso did not share company's future product details but he said, another prime focus of the company is the fastest growing segment Compact SUV. "Globally, the compact SUV segment is getting more popular and in India it is also the same. We will definitely have our presence there," he said.
"We launched the Etios which was developed keeping the Indian market in mind. Today, the Indian customer is more aware of the international trends, they are discerning and our endeavor will be to satisfy them," he added to his statement.
While Bernie O'Connor Executive Asia Vice president of Toyota Motor said by sharing company's long term ambition in India, "Globally we are leaders, if you look in other Asian countries like Indonesia, the Philippines as well, we are leaders. Definitely, we have an ambition to be the number one in India as well in the long term".
"In the long term, we need to have a diesel engine manufacturing plant in India but the lack of clear cut direction in auto fuel policy is something we need to watch out for. We need to see which way India is going," he added.
O'Connor also said, "We would have to see how things are (import tariff) before we decide to launch more hybrid vehicles. At the moment it is a very costly proposition to sell our hybrids in India,"
The Prius is the only model launched by Toyota in India.
Below is the pic of Prius :
(Photo : a2zmag.com)
Let Us know What you think about this below in comments section !!
Don't forget to Like us on Facebook, Follow us On Twitter and Subscribe us on Youtube for Latest Technology News, Reviews, Updates etc.,
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