Friday, May 25, 2012

Toyota to Roll Out 8 New and Cheap Compact Models for Emerging Markets by 2015


The relative maturity of the North American, European and Japanese markets are forcing Toyota Motor Corp. to look elsewhere for growth and in particular, emerging markets such as Brazil, China and India.

For this reason, the Japanese automaker said on Friday it plans to introduce eight new compact size models designed specifically for developing markets by 2015.

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