Toyota to Launch New Small Cars for China, Brazil and Indonesia

Toyota is planning to launch a new small car designed specifically for China in 2013, according to a report from Reuters citing the Nikkei business daily newspaper.

The new small car will be a little larger than the low-cost Etios that is sold in India. A 1.5-liter gasoline engine will power it and prices are expected to begin from under 1 million yen (approximately US$12,853).

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Toyota Tries to Break Indian Market with New Low-Cost Etios Sedan

The world's largest automaker, Toyota Motor Corp., is eyeing emerging markets with a new low cost model that was unveiled this week in India. The production version of the 2010 New Delhi Show Etios Concept is available at launch as a four-door sedan model, but will be joined by a five door hatchback called the Etios Liva in April of 2011.

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