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Toyota's Indian unit likely to launch Hiace and Alphard over next 12-18 months.

M2 EQUITYBITES-February 27, 2019--Toyota's Indian unit likely to launch Hiace and Alphard over next 12-18 months

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Auto Business News - 27 February 2019

(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

The Indian unit of Toyota Motor Corporation (NYSE: TM), is likely to launch the high-end MPVs Hiace and Alphard over the next 12-18 months, according to an industry executive

The company is taking this step as it seeks to benefit from a change in the rule regarding local certification of imported vehicles.

The automaker is keen on launching its latest technology and products, including hybrids and plug-in hybrids in India, ET has reported citing the executive.

[Editorial queries for this story should be sent to abn@enpublishing.co.uk]

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Publication:M2 EquityBites (EQB)
Date:Feb 27, 2019
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