Tokyo: Small car champion
Daihatsu has reportedly said that Suzuki Motor''s mammoth market share in India
has been the reason the small car company has not activated any plans for the
Daihatsu is open to partnering with Toyota to launch a small car in India, according
to the company''s president Teruyuki Minoura, who was speaking to the media at
the 40th edition of the Tokyo Motor Show.
to Minoura, though India has a mouth watering market size, the fact that Suzuki
has almost half the market is the reason why Daihatsu is yet to make its India
debut, as it does not want to take on the market leader head-on. Adding further,
he said that the company was willing to consider partnering with Toyota Motor
Corporation for launching a car in the Indian market, saying that it could be
possible that Daihatsu would not come into India on its own
to market sources, Toyota should not delay its launch of a small car in the Indian
market, as almost 80 per cent of the country''s car market is in the sub-Rs5 lakh
range, and a presence in that segment is necessitated if a car company wants to
truly benefit from its Indian presence.
website does refer to "global expansion" as key to the company''s growth,
though it does not make any statement about its India plans, if any.
is owned by the Toyota Motor Corporation. At the Tokyo Motor Show, it unveiled
a concept car called HSC, which is a 660cc car that provides a fuel efficiency
of almost 43km per litre. The car is a mini-sedan, capable of seating four passengers,
though the company does not have any plans for its immediate launch.