Toyota is trying to make sure it stays at the top of the heap with the Etios -- a family car for India.It will be built using locally sourced parts and hence expected to be priced at around 5.5 lakhs plus (INR 5,50,000 +) to 7 lakhs.

The Etios is expected to come in two engine options, a 1.4 liter diesel which does its duty in the Toyota Yaris abroad(I had seen its launch in Europe few years back) and a 1.2 or 1.3 litre petrol engine. As Autocar and other magazine sources put it, Toyota in an aim to keep the costs as low as possible might probably resort to limited sound-proofing, a hard but durable interior, basic seats and one windscreen wiper.
See Video:
Toyota would launch both the sedan and hatchback version of the car in India in late 2010. Seems like this concept car is almost like 90% of actual car to be launched on road.
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