Toyota is a company which is providing good cars throughout the world but now it has no plan to launch any more cheap car.Toyota has finally said that they will not launch any cheap car in India in the upcoming years.Toyota will not launch any car which will cost near 6000$.
In the past few months in the news rumors were there that seeing the market filled with so many cheap cars Toyota launched its Etios and liva and were on their way to launch more cheap cars than both two.Toyota has finally rejected those rumors.
Toyota has rejected rumors written in Asahi shibungh and many japan newspapers but hey have said that they will launch a cheap car which will be available in the market by 2016.
Toyota sells it car for 10000$,If we talk about cars with less price Tata motor's nano is the cheapest as it is selling its car for 2900$.
Toyota wants to make profit from India and south Asian countries.It is believed that they will launch a car whose price will be 6000$.