Toyota develops sverhdeshevy car

"The cheapest car in the world" Tata Nano has not yet reached the market, but also opened a specific segment of excess models for emerging markets like India, Brazil and Africa. The company Toyota also agreed to develop a similar vehicle, although its starting price in excess of twice the value of Indian minikara. It says Automotive News Europe, referring to the Japanese edition of Asahi.

This product is currently the company will, together with its subsidiaries Daihatsu to one of its plants in India. To confirm its seriousness, the company said that after two years will build another production center in Bangalore. Nevertheless, the novelty will sold no earlier than 2015.

Target price could be a reason that Toyota will create a fourth brand - the model is too cheap compared to fellow Toyota, Scion and even more so Lexus. New hetchbek Toyota iQ is designed for higher segments, and for Europe in particular - in the UK version of the basic price is equal to 16140 dollars.

Meanwhile, Tata find all sorts of compromises in order to preserve the value of its models on the alleged mark - 2500 dollars that is virtually impossible against a backdrop of rapidly increasing production costs. In addition, automakers solve problems with the transfer of production to a new location because of trouble with the local population. Japanese companies such obstacles are not threatening, but severe fluctuations in the prices of goods such as steel and plastic, could easily offset the price boundaries that separate budget cars.

Renault-Nissan is also working on a car worth about 3500 dollars, and are not alone, but together with another Indian company - Bajaj Auto. This car is aimed directly at the Tata Nano. Both models should provide up to 2011.