TITLE

Toyota is close to building first low-cost car prototype

AUTHOR(S)
Ciferri, Luca
PUB. DATE
March 2007
SOURCE
Automotive News Europe;3/19/2007, Vol. 12 Issue 6, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Toyota to build a low-cost automobile. It will be marketed in western Europe, Brazil, Russia, India and China. Industry sources believe that the company will sell the automobile in China at the equivalent of €4,500. According to president Katsuaki Watanabe, the car will use the company's traditional technology and architecture.
ACCESSION #
24696164

 

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