Toyota India to use TNGA platform in upcoming models
Toyota plans to move away from using low-cost platforms in India, and switch to the new Toyota New Global Architecture (TNGA) in upcoming models.
According to shifting-gears.com, Toyota also plans to bring more upmarket products to India rather than low-cost, Asia-specific models.
With the brand successfully finding buyers in the premium segment and struggling in the lower segment, Toyota will be working on bringing in cars which could cost over INR2,000,000 (US$29,703.55). Toyota is not happy how the Etios twins have fared in India, and have learnt that cost cutting is not the way forward in the market.
This new platform will be similar to the Volkswagen MQB and could be shared across multiple products in various segments.
But to bring such expensive and high end platforms to India, Toyota will need to make heavy investments.
A Toyota rival to the Honda City is three to four years away, the report said, querying if the Etios would be kept on sale that long.