Toyota to Launch New Small Cars for China, Brazil and Indonesia

Toyota is planning to launch a new small car designed specifically for China in 2013, according to a report from Reuters citing the Nikkei business daily newspaper.

The new small car will be a little larger than the low-cost Etios that is sold in India. A 1.5-liter gasoline engine will power it and prices are expected to begin from under 1 million yen (approximately US$12,853).

Toyota aims to keep the manufacturing costs of its new China-built small car as low as possible by using many parts from the Etios and is willing to spend some 40 billion yen for the local production of the model at a rate of 200,000 units per year.

The Japanese company wants to raise its 5% market share in the Chinese market by launching the new car with its two local joint ventures, China FAW Group and Guangzhou Automobile Group.

It also plans to more than double the production of the Etios in India, from the current number of 80,000 units to 190,000 by the end of 2013. In addition, it intends to produce another low-cost car in Brazil starting from the second half of 2012, at an annual rate of 70,000 units, as well as manufacturing low-priced cars in Indonesia.

TOYOTA ETIOS

18-Year-Old Charged With DUI Smashes Lamborghini Gallardo Into Two Vehicles

The crash was so loud it made some mistake it for an explosion or something.

Maserati Quattroporte L’Ultimo Concept Is Italian Luxury At Its Finest

This futuristic Maserati Quattroporte render stays (mosty) true to the current model’s design language.

Lexus Safety System+ To Be Standard Equipment On All 2020 Models

The safety suite includes automatic high beam headlights, adaptive cruise control and a a pre-collision system.

Porsche North America Boss Says EVs Will Soon Become Commonplace

Porsche is confident it can easily out-sell its first year of production of the upcoming Taycan .

2020 MINI Electric Teased, Debuts July 9th

MINI is going electric, but the upcoming Cooper SE is only expected to have a range of approximately 114 miles.

Korean Brands Dominate Initial Quality Study, But Porsche’s 911 Comes Out On Top

Genesis had the highest initial quality and they were closely followed by Kia and Hyundai.

Ford Says Explorer ST Customers Aren’t Interested In A V8

The hottest Explorer on sale is powered by an EcoBoost 3.0-liter V6 with 400 HP.

SUV And Tow Truck Decide To Go Their Separate Ways

After the SUV fell off, the tow truck began rolling forward towards a parked van.

2020 Cadillac XT5 Facelift Bows In China With Minor Updates

The 2020 Cadillac XT5 has a new grille and an updated infotainment system with a rotary controller.

Spiderman Goes Electric, Takes A Spin In The Audi E-tron GT

The latest Spiderman flick will feature cameos by the Audi A7, Q8 and e-tron.