4:11 pm - Friday May 18, 2012

Toyota Yaris (2012)

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The new Toyota Yaris will compete in the B-segment which – with a 26% share of the total market, equating to some 4 million sales per annum – remains the most important sales arena of the European automotive market. This segment is currently dominated by petrolengined vehicles, which represent more than two thirds of the mix.

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Over the last few years, fragmentation has accelerated within the B-segment, due to the introduction of an increasing diversity of new model types such as the SUV and B-MPV. Nonetheless, representing 50% of total sales, the hatchback remains the segment’s most important, and best-selling, bodystyle.

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The launch of the third generation Toyota Yaris adds a new chapter to the model’s ongoing European success story. Over the last decade, the Yaris has consistently enjoyed a segment share of more than 5%. It has been a strong contributor to the increase in Toyota sales throughout Europe, boosting the brand image and becoming a key pillar of the company’s European manufacturing operations.

With the continued increase in fuel costs and CO2 taxation levels instigating downsizing by customers from other segments, B-segment sales are expected to remain stable in the immediate future.

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Filed in: Toyota