Toyota Motor Corporation will reveal the concept model of its compact car for the Indian market in January at the 2010 Delhi Auto Expo.
The Indian arm of Toyota, Toyota Kirloskar Motor Limited plans to start production of its much awaited compact car in December next year at its second plant being built here.
The compact car project is Toyota's most ambitious venture in India in its 11-year existence and the company is betting big on this initiative to become a volume player.
“Both hatchback and sedan version of concept vehicle of the compact car will be showcased at Auto Expo”, Deputy Managing Director Sandeep Singh of Toyota Kirloskar Motor Limited told PTI. “It's a concept vehicle coming from Japan.”
“Production will start by December of 2010. First year production plan is 70,000”, he said.
The company is also showcasing its Toyota Prius hybrid car in the biennial event in the national capital and is looking for its launch in the Indian market.
He said Prius is not a volume product and the company is just looking to sell just a few numbers.
“We just want to impress upon the government to give some special concession on duty (for Prius). Otherwise, it does not make sense to pay such a high duty and sell it. It could be very expensive”, Singh said.
“But we would like to sell a few numbers. We are impressing upon the government to give some concessions to hybrid vehicle.”
Toyota Kirloskar Motor Limited expects to close the current calendar year with sales of 53,000 units, up from 51,800 in 2008, Singh said.