[MaserQ]

Originally Posted by spawnofsatan

“We aim to become a full-range car company in the next few years, and, realistically, it’s a big task. We are finalising plans to introduce several new vehicles from the our stable, aiming a much higher market share in India than the current 3%,” said Toyota’s newly appointed India head Hiroshi Nakagawa.

Source: Toyota to roll out GeNext Corolla, Fortuner- Automobiles-Auto-News By Industry-News-The Economic Times

The Qualis and Innova have been money spinners for them, so it is surprising how slow Toyota has been to get into other segments. And I am not talking imports.

It is worth noting that the 3 biggest car makers in India are smaller players when compared to Toyota, GM and Ford. But clearly MSIL, Tata and Hyundai have a broader product offering and hence larger market share. All of the big 3 are currently investing in higher production capacity. But why wait so long??