Toyota plans to launch Daihatsu in India
Published On Aug 25, 2009 12:40 PM By Vikas
Toyota who recently launched its Toyota Fortuner is planning to bring its small car brand Daihatsu in India with launch of new cars, including an all-new mini car by late 2010. Okabe, who was present for the launch of Toyota's SUV Toyota Fortuner, said the company would look at its run in India before taking any final decision on Daihatsu.
Toyota, despite its global dominance which operates through a JV with the Kirloskars, has now lined up new investment plans, realising the market's growth potential.
Hiroshi Nakagawa, MD of the Indian joint venture Toyota Kirloskar Motors also told that Toyota expected to grow its market share to double digit by 2015, mainly fuelled by its small car.
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