Bangalore: Japanese car maker Toyota Motor Corporation would unveil the concept model of its compact car for the Indian market next month.
Toyota’s Indian unit, Toyota Kirloskar Motor Pvt Ltd (TKM) 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 (to be held at Pragati Maidan in New Delhi from 5 to 11 January)”, TKM deputy managing director Sandeep Singh 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.
TKM 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.
“Prius we are going to display and you can say we are talking about launch of the Prius,” Singh said.
He said Prius is not a volume product and the company is just looking to sell just a few numbers.