Toyota Unveils Remodeled Yaris Subcompact

Economy

Tokyo, Oct. 16 (Jiji Press)--Toyota Motor Corp. <7203> unveiled Wednesday a fully revamped model of the Yaris subcompact car, slated to go on sale in February next year.

The car, called Vitz in the Japanese market since its release in 1999, will be given the name Yaris used in overseas markets. It is the first time in approximately nine years for the car to be fully remodeled.

"The environment around cars has changed dramatically, and we want a fresh start," Toyota Executive Vice President Moritaka Yoshida said on the name change.

The subcompact was popular for its maneuverability and fuel efficiency, selling some 160,000 units domestically in its peak year of 2000. In 2018, however, sales slumped to about 87,000 units, prompting the automaker to rebrand the vehicle in order to expand its middle-aged customer base.

The new model has improved safety measures including collision-prevention systems, and the hybrid version has a fuel efficiency around 20 pct better than the previous model.

[Copyright The Jiji Press, Ltd.]

Jiji Press