Re:Why the $25,000 car is going extinct
by alephnerd on Monday June 30, 2025 @10:55AM
(#44424127)
+1.
Even consumers voted with their pocketbooks in favor of this towards the end given the failure of the Nissa Versa and the Toyota Yaris in the American and Canadian market.
Also, there's a reason those $15K Toyotas are sold in Thailand and India, and not in Japan - they don't even meet safety standards in Toyota's home country.
Automotive companies like Toyota create different platforms based on the kind of market. All emerging markets use the IMV [0] platform except China, which has it's own separate platform because of China's JV and ToT requirement.
Ofc, HN skews towards gearheads and people who seem to have been born in the 1960s-80s, so it won't have great reception.
Even consumers voted with their pocketbooks in favor of this towards the end given the failure of the Nissa Versa and the Toyota Yaris in the American and Canadian market.
Also, there's a reason those $15K Toyotas are sold in Thailand and India, and not in Japan - they don't even meet safety standards in Toyota's home country.
Automotive companies like Toyota create different platforms based on the kind of market. All emerging markets use the IMV [0] platform except China, which has it's own separate platform because of China's JV and ToT requirement.
Ofc, HN skews towards gearheads and people who seem to have been born in the 1960s-80s, so it won't have great reception.
[0] - https://en.m.wikipedia.org/wiki/Toyota_IMV_platform