Toyota small car in 2-3 years

Toyota Kirloskar Motors today said it will launch a small car in India in the next two-three years as a part of its strategy to grab 10% of the Indian automobile market by 2010.

"We still maintain the target of grabbing 10% of the Indian automobile market by 2010 in which the small car will form a major chunk," Atsushi Toyoshima, managing director of Toyota Kirloskar, said on the sidelines of a SIAM summit.

"We will bring a small car in India in the next two to three years, but as of now we have not finalised the plan," he added.