Toyota Kirloskar Motor (TKM) has reconfirmed its plan to launch a compact car specifically for the Indian market. The new car will roll out from the company’s Bangalore plant in 1 year and 10 months from now, TKM’s Managing Director Mr. Hiroshi Nakagawa said. The car will be launched with both petrol and diesel variants and is expected to be equipped with a 1.2 – 1.3 litre engine. It will have 60 per cent local content. Toyota is planning to double its dealership network, which presently stands at 82, over the next two years to cater to the market for the new car.
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