http://www.sohu.com/a/295586923_347781
According to Sohu Auto, Toyota recently registered trademarks for the Agya and Wigo models in China. Most of us have never heard of these models. It is a badge-engineered Daihatsu Ayla city car for the Southeast Asian market. They are slightly larger than the Mira Kei car they are derived from and cost less than $10,000.
It's really weird why Toyota would introduce a Kei-sized car in China at this point. China has a very similar taste for cars as North America. Sales for city cars have been shrinking in the past five years. And in general city cars have grown in size to over 4m long (this thing is 3.6m). Now they do need to compete in the <¥100k ($15k) segment to reach 2 million units a year, but at these price points there are many dirt cheap indigenous models and it's pretty hard to get profit.
One interesting thing about this car is that Toyota Indonesia is developing a hot hatch version with a 200hp turbocharged engine. And this thing only weighs 800kg (1,800 lbs). It's crazy to think that if this thing ever goes into production it would have the second highest power-to-weight ratio in the entire TMC lineup after the RC-F Track Edition. Even if it only receives a standard 8NR-FTS it would still be a blast to drive.
According to Sohu Auto, Toyota recently registered trademarks for the Agya and Wigo models in China. Most of us have never heard of these models. It is a badge-engineered Daihatsu Ayla city car for the Southeast Asian market. They are slightly larger than the Mira Kei car they are derived from and cost less than $10,000.
It's really weird why Toyota would introduce a Kei-sized car in China at this point. China has a very similar taste for cars as North America. Sales for city cars have been shrinking in the past five years. And in general city cars have grown in size to over 4m long (this thing is 3.6m). Now they do need to compete in the <¥100k ($15k) segment to reach 2 million units a year, but at these price points there are many dirt cheap indigenous models and it's pretty hard to get profit.
One interesting thing about this car is that Toyota Indonesia is developing a hot hatch version with a 200hp turbocharged engine. And this thing only weighs 800kg (1,800 lbs). It's crazy to think that if this thing ever goes into production it would have the second highest power-to-weight ratio in the entire TMC lineup after the RC-F Track Edition. Even if it only receives a standard 8NR-FTS it would still be a blast to drive.