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| Toyota Launches New Vehicle Line |
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Courtesy of
Reuters Photo Courtesy of Toyota Motors |
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DETROIT
- Toyota Motor Corp. has settled on the name "Scion" for a new line of
vehicles aimed at tapping younger U.S. buyers, the company said
Thursday.Toyota spokesman John Hanson said the vehicles would not be sold as a separate brand, as Toyota does with its Lexus luxury line, but will still be distinct from Toyota and carry no Toyota badging.
Toyota executives have said the vehicles would
tap into a coming wave of future car buyers just now hitting their 20s.
Current Toyota models have proven popular with older buyers, helping
propel Toyota to 11 percent of the U.S. market, but have not been as
popular among younger customers. |
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