Toyota could make their compact car at their second plant in India

Toyota could make their compact car at their second plant in India

Indian financial newspaper Mint has reported that the Japanese automaker Toyota is considering making their planned compact car at their second plant in India.

The company aims to have their small car out in the market by 2009 and they are hoping to sell 52,000 units in the first year.

This car would be their mass selling product in India which is largely dominated by small car manufacturers like Maruti, Hyundai and Tata.

General Motors are expected to enter this particular segment this week with their Spark. Market sources state that the company would power this car with a 1.2 liter petrol engine and a 1.4 liter diesel engine.

The plant would have a capacity of manufacturing around 100,000 units a year.

Their existing plant in India near Bangalore in southern India has a capacity of 60,000 units. And they have available land just next to their existing plant to setup a new unit.