Toyota to launch small car

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New Delhi, Oct 01 ,2007: On the heels of Japan"s Nissan Motors and French vehicle manufacturer Renault exploring the viability of a 3,000-dollar car in collaboration with Indian partner Mahindra&Mahindra Ltd…

Japanese auto major Toyota plans to launch a small car in India within the next two years. Its second plant may come up in southern city Bangalore. According to the sources, the company aims to capture 15 percent of the market share by 2015 with the launch of the small car.

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