Cars Vogue

Low Cost Car

The world famous Japanese automaker the Toyota Company has announced that they will bring a new low cost car for the emerging markets in the auto show held in New Delhi on Jan 5.

This plan is to build Toyota’s lowest price car for the countries like India, Russia and Latin America and due to its cost it is expected to get a huge support from the auto markets. The code name as revealed by the company’s spokesman is the EFC (entry family car) and the model is expected to cost $10,000.

According to Toyota they will start the production of this car in the late 2010 in an Indian factory and for the Brazilian factory the production will start in 2011. For the production in India Toyota has a plan of building 13 other very new concepts and they will reveal them in the New Delhi car show.

This low price whenever reach the market will will get a huge demand due to the rates of car in the markets are increasing day by day. If you are also interested in buying a low car and excellent performing car then this concept is for you.

This entry was posted on Thursday, December 10th, 2009 at 12:43 am and is filed under Auto News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.