Toyota

AFP - Toyota said Friday it will roll out a number of new compact cars priced around $12,500 in developing nations, targeting sales of more than one million of the models annually in emerging markets by 2015. Japan's biggest automaker said it would make eight new cars at plants in Thailand, Indonesia, India and Brazil, priced at "about 1.0 million yen ($12,500) or more." "We don't sell cars priced at 500,000 yen," Toyota executive vice-president

NEW BUSINESS MODEL:Toyota sells more than 3 million vehicles a year in emerging markets, accounting for 45% of its global sales and is looking to raise that by 1 million AP, TOKYO Toyota Motor executive vice president Yukitoshi Funo poses by the company's global compact car, the Etios sedan, at the company's Tokyo office yesterday.

A Toyota Dear Qin is displayed at the Beijing International Automotive Exhibition in Beijing on April 24, 2012. (AP Photo/Alexander F. Yuan) (AP) TOKYO - Toyota (TM) is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years. But Toyota Motor Corp.

May 25, 2012, 06.38AM IST NEW DELHI: Expect the discounts on petrol cars to get sweeter, and the waiting list on diesel cars to be longer. The steep Rs 7.50-hike in petrol price is set to further fuel the demand for diesel models as the fuel's lower running cost and steady pricing will add to its attraction.

Matthew Ryan Williams for The New York Times Tony Holloway filled his truck at a gas station in Tacoma, Wash. Mr. Holloway has limited himself to one trip to the store a week since gas prices have spiked in the area.