Toyota also in Small car race..
Japanese automaker Honda announced on Monday it would unveil a new small car targeting emerging market consumers at an auto show in New Delhi next month. The announcement comes days after Japanese rival Toyoto, the world's biggest carmaker, said it would take the wraps off a new entry-level small car also aimed at drivers in emerging markets, at New Delhi's Auto Expo in January. The " vehicle has been developed especially for India and other emerging nations.
The manufacturers have been focusing on India's fastest-growing small car segment as they seek to lure newly affluent middle class buyers.
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