Photo:New Delhi: Toyota Motor Corp. will bring to India models with global specifications, its local unit head told Reuters, as it seeks to boost sales in the world’s fifth largest passenger car market by appealing to buyers’ increasingly aspirational tastes. “Now Indian customers want global products,” he said, adding that a government push to adopt stricter emission norms is also driving the switch to global models. Passenger vehicle sales in India grew about 9% in 2017 to 3.2 million units, industry data showed. India is expected to become the world’s third-largest car market by 2020. The car, which will compete with Honda’s City sedan and Hyundai’s Verna sedan, is expected to go on sale after April.
Source: Mint February 07, 2018 15:11 UTC