"The most favourable story for us is that cars developed by Daihatsu will be made for the local market and at an affordable price. We will begin research to assess customer expectations in each market to define the concept of a vehicle before any development,” he told ET.
Models like
Tachibana, who had been in product planning in the past, is giving two briefs to his development team - the car should be the safest and it should have a pure hybrid solution.
Toyota has been exploring a small car and a compact MPV and SUV for India, but they will only come after BSVI regulations are implemented by April 2020, said people familiar with the matter.
With the government pushing for electric and hybrid cars, Toyota is planning to bring in small hybrid vehicles in the future. As a first step, the car company will be bringing in the locally produced Corolla hybrid in the next 12-18 months.
The company is likely to bring in the new Corolla Altis, a new mid-size segment sedan to take on