Toyota predicts 20% growth globally in 2012

World’s largest car manufacturer, Toyota Motors Corporations recently announced their growth plans for the year 2012. The auto giant hopes to achieve a high growth of 20% on an overall which will also include its luxury brand Lexus sales in the global markets. As far as their growth in their home country Japan is concerned, they are looking at 28% rise in sales from the current year, while in the rest of the car markets they are heading for slightly lower growth prediction of 19%. Coming to the production growth where India will also play an important role in it, they seem to forecast a growth of 24% globally.

  See More Toyota Etios Pictures                                                                            Read More on Toyota Etios

Car manufacturers including Toyota Motors seem to find India as a potential market for growth where their growth plans on a majority revolve around the domestic car market. Toyota Etios sedan and Etios Liva hatchback are the live examples in front of us developed specifically with Indian car market in mind. Observing the demand for the diesel cars in India, the auto major has decided to fill that gap as well introducing the diesel variants of the two cars. This has been the best card the auto giant has ever played which literally turned around the Toyota sales in the country. Taking this as a lead, the Toyota Motors now hopes to export the Etios twins to the South Africa markets of course incorporating the modifications to suit their local car demands.

  See More Toyota Etios Liva Pictures                                                            Read More on Toyota Etios Liva

However, with the extreme cost cutting measures to place Toyota Etios price at Rs 4.99 lakh and Toyota Etios Liva price at Rs 3.99 lakh, the auto major seems to have gone wrong in certain aspects. Very recently, Toyota India came out with a faulty filler hose aberration in the Toyota Etios sedan and Liva hatchback in the production models before October 8th. Around 41,000 models of Toyota Etios and Toyota Etios Liva hatchback are speculated to be affected with this mechanical problem. The auto major has requested the consumers to bring their respective Etios car models to sort it out. Toyota India has proactively advertised in the newspaper informing the consumers of the potential threat with the faulty manufacturing.