Retail in Asia

In Sectors

Toyota announces in India production of Etios by December

The world’s largest carmaker Toyota on 20 February said it will begin production of its concept car Etios by December this year and will price it competitively, Managing Director of Toyota Kirloskar Motor (Toyota’s joint venture with Indian partner Kirloskar Group), Hiroshi Nakagawa, said at the Toyota Q-World Auto Show in Ahmedabad, India. He said the price of the car would be decided before the official launch and its hatchback version would be in the range of Maruti Swift and Ritz, while the sedan version would compete with Tata Manza and Maruti Dezire in the B segment category.