Subscribe & Follow

#AfricaMonth

Danilo Acquisto - Nurturing Africa’s creative economy

Danilo Acquisto

Inside Verto's strategy to streamline African trade with a 2030 vision

Katja Hamilton

Reshaping the global narrative around our continent

Maphefo Mphaho

More...

BizTrendsTV

RAPT BizTrendsTV: Student Village's Ronen Aires - Gen Z's disruption of the world

Advertise your job vacancies

Jobs

Mid-Level .Net Developer Centurion
Brand Activations Coordinator Cape Town
Account Manager Johannesburg
Code 14 Driver JHB - Eastern Suburbs
Sales Executive Johannesburg
Senior Fleet Manager Centurion
Junior Fleet Controller Centurion
Client Service Intern Johannesburg
Associate talent scout Cape Town
Lecturer – School of Information Technology Durban

More jobs Submit a job Open account

Toyota denies plan for USD6k cars in India

TOKYO: Toyota on Thursday (24 May 2012) denied a press report that it was to begin selling cars in India priced at around US$6,000 as the Japanese auto giant looks to boost its share of the country's growing affordable car market.

25 May 2012

Toyota denies plan for USD6k cars in India

"There are no such plans," a Toyota spokesman said after the Asahi Shimbun report.

The Asahi said the company would create a new brand for the low-price vehicle in a bid to avoid devaluing the Toyota name, the daily said, without naming sources, adding Toyota was eyeing a 2016 entry to the sector.

Japan's biggest automaker began selling its low-cost sedan Etios in India in 2010, but with a price tag of $10,000 it is still expensive compared with cars made by rivals such as Tata Motors, whose Nano sells for as little as $2,900.

Toyota has said it wants to achieve 50 percent of its worldwide vehicle sales in emerging markets from 2015 compared to 40 percent in 2010.

Source: AFP

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za