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Toyota to roll out eight compact car models tailored for emerging markets by 2015 - Printable Version

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Toyota to roll out eight compact car models tailored for emerging markets by 2015 - carfanatics - 05-26-2012 06:24 AM

Source
Photo credit: Toyota
May 26, 2012
By: CF staff

[Image: 6960559500_85215da8a4_b.jpg]

The Japanese automaker aims to sell half of its vehicles in emerging markets by 2015, up from around 45 percent last year and 18.6 percent in 2000.

"In emerging markets, there are four or five automakers vying to take the lead in sales volumes," Toyota Executive Vice President Yukitoshi Funo told reporters.

"Particularly in the Southeast Asian region, Volkswagen and others are looking to challenge our lead so we can't be resting on our laurels," he said.