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Toyota, Daihatsu Partner for Small Car in India in 2007
6 July 2005
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| Toyota’s Passo |
Nikkei. Toyota will partner with Daihatsu—owned more than 51% by Toyota and known for its compact cars—to produce a small car in India as early as 2007.
The Toyota-Daihatsu car will be most likely a 1-liter-class vehicle based on the Passo model (Boon for Daihatsu) the two companies co-developed. The Passo is the smallest and least-expensive model in Toyota’s lineup, displacing the Yaris from that position.
Introduced in 2004, the Passo uses a pair of small engines. The base engine is a 1.0-liter VVT-i three-cylinder., the other a 1.3-liter VVT-i four-cylinder.
| Toyota/Daihatsu Passo/Boon | ||
|---|---|---|
| 1.0 liter | 1.3 liter | |
| Displacement | 998 cc | 1,298 cc |
| Cylinders | 3 | 4 |
| Valves | 12 | 16 |
| Power | 51 kW (68 hp) | 64 kW (86 hp) |
| Torque | 94 Nm (69 lb-ft) | 120 Nm (89 lb-ft) |
| Top speed | 160 km/h (99 mph) | 170 km/h (106 mph) |
| 0–100 km/h | 13.9 sec | 11.3 sec |
| Fuel consumption | 5.0 l/100km | 5.8 l/100km |
| Fuel economy | 47 mpg US | 41 mpg US |
Initially, Toyota and Daihatsu plan to assemble 100,000 cars a year in the country at a plant to be built near Toyota’s factory in Bangalore in southern India at a cost of slightly more than¥10 billion (US$90 million).
India is an growing auto market, with sales expected to roughly double from 1.06 million vehicles in 2004 to 2 million in 2010.
This will be Daihatsu’s first foray into the country. Toyota, however, has been building the Corolla in India with a local firm, selling 48,000 vehicles last year, the company’s record for the country.
Toyota’s share of India’s auto market currently stands at a mere 5%—the dominant player is Maruti Suzuki, a joint venture between Suzuki and India’s Maruti Udyog. Maruti Suzuki holds a 50% share of the local market, where small cars account for more than 70% of overall auto sales.
India is already the fourth-largest automaker in Asia, after Japan, China and South Korea. The two companies hope small-car production in India will boost the Toyota group’s combined market share in the country to 10%, or 200,000 vehicles a year, by 2010.
Suzuki and Hyundai plan to build a factory in India in 2007, the second for each, and Honda intends to boost its annual production capacity in the country from 30,000 vehicles to 50,000 by year-end.
July 6, 2005 in Fuel Efficiency, India | Permalink | Comments (4) | TrackBack (0)
Comments
Posted by: Rameshwar Lal Goyal | June 06, 2006 at 10:20 PM
resp.sir, i dr ubaidullah shaikh, residing in mumbai, i am interested in getting dealership of your company in mumbai, we have a place in andheri (east),and have a sound financial backing, if your company has any such plans, kindly keep in consideration my proposal. a word in reply would be appreciated.
Posted by: Dr. ubaidullah shaikh | May 19, 2007 at 11:30 PM
Resp. sir i'ld like to inform you that there is no showroom of TOYOTA in HOSHIARPUR, PUNJAB.
And plz sir launch your small car in india as soon as possible.I've a keen interest in buying that car.thanks
Posted by: DEEPAK SHARMA | August 28, 2007 at 12:39 AM
Toyota should introduce a world-class small car immediately in India. Fuel e fficient. At least 15" tubeless tyres for rough Indian roads. 40 % prospective buyers have deferred car buying to await Toyota small car.
Posted by: R.K.Misra | December 05, 2007 at 07:43 AM
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Rameshwaram Exports
“Raj Mandir”, Anand Nagar Marg 4, Vaislahi Nagar Road, Ajmer.
Dear Sir,
Ajmer(Rajasthan) India, is one of the most important city of India because Pushker which where world famous Brahmas Temple and Khawaja Moinuddin Chisty’s Dargah are situated at Ajmer. It is a well known tourist place of India where tourist visit throught year. These are regularly attracting tourist at ajmer and Ajmer is becoming business place by this.
I would like to draw your kind attention to that there is no any Show Room of TOYOTA car at Ajmer. As TOYOTA car is most suitable for small tourist group and also for family purpose, local tourist agencies are purchasing such car from outside ajmer, who are having sources at out of ajmer. And also facing many problems for spare parts and reliable servicing center to get maintain their car.
We would like to propose for the Show Room at Ajmer for this we have land at national highway No.8 just in Ajmer City. We can cover Ajmer District from this place. It is just 50 Km from Beawar, 20 Km Kishangarh, 60 Km from Merta, 102 Km from Bhilwara, 60 Km Makarana and 120 Km from Jaipur capital of Rajasthan. So you can better understand that from this place we can cover business all major cities of ajmer well. This is the center point for specially such business.
We are financially sound, and will fulfill all the terms and conditions. And also have manpower to run the business smoothely. We would like to invite you to have a look before take any decision in this matter.
We are egarly awaiting for your positive reply in this matter
Thanking you
Yours faithfully,
Rameshwar Lal Goyal
Chartered Accountants
Ph.No.0145-2426174, 2626510
M 09829071910; 09829071714