Toyota Motor Corp. said Thursday it will unveil a concept model of its new compact car designed for the Indian market at an automobile show in New Delhi next month.
Toyota will produce the new family car at a plant under construction in Bangalore, southern India, and launch the vehicle in the Indian market in 2010.
The automaker is also planning to market a similar vehicle in China and other emerging economies, Toyota officials said.
Toyota will unveil the concept model of the new car at a press conference on the first day of the 10th Auto Expo running from Jan. 5 to 11 and will display 13 other vehicles including concept models, it said.
The automaker will be participating in India’s largest auto show for the first time in eight years, with executives from Japan present.
Toyota said the 13 other vehicles will include the redesigned Prado and Fortuner sport utility vehicles and the Innova minivan.
In presenting its vision for future mobility, Toyota will also exhibit its “i-REAL” personal mobility vehicle, the “Fine-S” fuel-cell hybrid and other concept vehicles at the auto show.
The Indian auto market expanded from 1,367,000 units in 2004 to 1,996,000 units in 2008.
However, Japan’s top automaker holds a share of only around 2 percent of the Indian market while its smaller rival Suzuki Motor Corp., which announced a capital tie-up with Germany’s Volkswagen AG on Wednesday, controls around 50 percent of the market.