AUTOSHOW-Toyota eyes move into low-cost cars

Newswire

GENEVA, Feb 28 (Reuters) - Toyota Motor Corp is considering making low-cost cars that could help woo customers in emerging markets, President Katsuaki Watanabe told reporters on Tuesday. "Looking at the world market I think it will be necessary for us to have low-cost vehicles," he said at the Geneva car show, saying they were especially important for markets like Brazil, India and China. He was addressing a question about the success of the low-priced Dacia Logan, made by a unit of ...

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