Toyota plans ultracompact car for Europe - paper

Newswire

TOKYO, Sept 25 (Reuters) - Toyota Motor Corp plans to introduce an ultracompact car in Europe around 2009, tapping growing demand for fuel-efficient small cars meeting the region's tight emission regulations, the Nikkei business daily reported on Tuesday. The car will be produced in Japan, starting at about 100,000 units a year, and Toyota may also sell the model in Japan, the daily said, adding that the price has yet to be determined. Toyota will develop the car by modifying the iQ, a ...

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