Toyota may release a compact truck to rival Ford Maverick

Ford and Hyundai not too long ago launched new compact pickup vans in the US with the arrival of the Ford Maverick and Hyundai Santa Cruz. For yrs compact vans ended up absent in The us, as prospective buyers selected bigger midsize pickups. With the product sales good results of equally versions, there is a sturdy scenario for other automakers to bounce in on the compact pickup truck phase.

2023 Toyota Tacoma

It’s been claimed that Ram is readying a smaller pickup for America and now it appears to be like like Toyota has also been contemplating about it as well. The Toyota Tacoma dominates the midsize pickup truck section, but it does see space in its lineup for a smaller sized truck.

Toyota Motor North The usa Senior Vice President of Automotive Operations Jack Hollis just lately unveiled to Automotive Information that “there is space” in the Toyota lineup, but “The dilemma is, how to fill it?” He also stated that Toyota has “continued to look” at the compact truck phase “and we’ve ongoing to search for a extended time.”

“It’s plain that those merchandise have a position in the marketplace. And how big is that section going to get? I never know, but it is a little something that we need to be seeking at and figuring out if it’s an spot we really should perform in,” stated Cooper Ericksen, team vice president for item scheduling and approach at Toyota Motor North The united states.

Katherine T. Burrows

Next Post

Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years | National Business

Mon Jun 6 , 2022
SCHAUMBURG, Ill.–(BUSINESS WIRE)–Jun 2, 2022– Through the first three months of 2022, there were some shifts in the automotive finance market, most notably, significant growth for credit unions. According to Experian’s State of the Automotive Finance Market: Q1 2022 report, credit unions amassed 22.06% of the total automotive finance market, […]