--- In FairfieldLife@yahoogroups.com, Robert Gimbel <[EMAIL PROTECTED]> wrote: > > Toyota's ultra-low-cost car threatens `big three' By Michiyo > Nakamoto and John Reed in Nagoya > Published: January 21 2007 22:06 | Last updated: January 21 > 2007 22:06 > > Toyota, the world's second largest carmaker by sales, is working > on a radically different approach to car design, development and > manufacturing in an attempt to come up with an ultra-low-cost > car, according to its president. > "The focus is on low-cost technology," said Katsuaki Watanabe, > in an interview with the Financial Times. "Everything from > design to production methods will be radically changed and > we are thinking of a really ultra-low-cost way of designing, > using ultra-low-cost materials, even developing new materials > if necessary."
In other words, they're taking a cue from the Renault Logan, a solid, well-reviewed, 5-passenger car that sells for 6000 Euros brand-new in Europe.
