Toyota Expanding Indian Used-Car Business

2007 Toyota Yaris 1 photo
Photo: Toyota
Toyota Kirloskar Motor in India has recently announced to expand its used-cars network by the end of the year across the country.
With the launch of its 50th “Toyota U Trust” outlet in the country, the automaker targets an additional 65 used-car outlets by the end of 2013, to atract customers interested both in buying and selling both Toyota and other automaker vehicles.

"The used-car business is a part of our value added services offered to our customers. The market for used cars is growing at a rapid pace and plays an important part in attracting new customers and retaining existing Toyota customers," Toyota Kirloskar Motor Senior Vice President, Marketing, N. Raja said.

On the other hand, Toyota Kirloskar said it will delay the introduction of the luxury Lexus brand in India due to duty-related costs and limited volume sales predicted earlier.

Story via The Hindu
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