Toyota Counting on Etios for Sales

It’s tough times for Toyota who badly needs good news today. Still, Toyota has announced that India sales will remain unaffected even after the global recall of its cars. Toyota Kirloskar Motors is expecting to double its sales in next five year. "For us to become a significant player in the volume market segment, we need at least 10 percent market share and we expect to achieve that in the next five to seven years," managing director Hiroshi Nakagawa said in an interview.

Toyota hopes to churn out volumes as it finally launches its small car Toyota Etios. The company will also launch a sedan version of the car later in the year. Toyota Etios compact car model has been specifically designed for the Indian market and was showcased at the recent Delhi Auto Expo. The new car will compete against Maruti Swift, Hyundai i20 and Tata Manza.

The company remains quite confident about quality of its cars in India as it has not recalled any of its cars in the country. "This is a good chance for us to review quality related activities in India. We are undertaking a review of our quality processes," he said.

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• India to host Toyota’s Etios Motor Racing Trophy in 2013           January 21, 2012
• Toyota to showcase New Prius at the West Virginia Auto Show 2012           January 17, 2012
• Detroit Auto Show: Toyota unveils its NS4 plug-in hybrid concept           January 12, 2012
• Toyota Kirloskar plans to set-up diesel engine plant in India as demand surges for diesel cars           January 09, 2012
• Auto Expo 2012: New Toyota Prius enters Indian market with starting price tag of Rs.27.39 Lakhs           January 09, 2012
• Toyota Kirloskar sales surge 151 percent in December 2011           January 02, 2012
• Auto Expo 2012: New 2012 Toyota Camry coming at Auto Expo 2012           December 30, 2011
• Success of Etios makes Toyota 5th largest car maker in India           December 30, 2011
• 2013 is most likely to witness introduction of Lexus by Toyota in India           December 28, 2011
• Toyota unveils new 2012 face-lifted Innova           December 27, 2011
• Toyota Kirloskar launches Toyota Safety Education Programme (TSEP)           December 26, 2011
• Toyota all set for a comeback in 2012           December 24, 2011
• Toyota recalls 41,000 units of Etios cars in India to replace filler hose           December 23, 2011
• Toyota Kirloskar to commence exports of Etios series to South Africa from March 2012           December 22, 2011