This is the Toyota Etios concept, which shows a new small car for emerging markets.
The sub-four metre Etios was unveiled at today's New Delhi motor show and is reported to be 90 per cent production ready. It will go on sale in India at the end of this year.
However, it won't be a Nano rival, because it's set to cost around $10,000 (£6000). Instead, it will challenge one of India's other best-selling cars, the Maruti Swift. To this end, Toyota has put an emphasis on providing a larger and better quality interior than the Swift's.
The Etios is based on an all-new platform, codenamed EFC 800 L, and Toyota is showcasing both the hatch and saloon body styles in Delhi. The latter is set to go on sale first, followed three months later by the hatch.
Toyota wants a gradual ramp-up in production to ensure that there is no compromise on its quality and hence wants the hatch, which will sell in larger volumes, to come later. Toyota is understood to have squeezed out costs to ensure that the Etios is as price-competitive as possible. That means limited sound-proofing, a hard but durable interior, basic seats and one windscreen wiper.