Luxury vehicle growing interest in luxury vehicles from emerging markets such as China and Russia. The entry-level luxury segment has been very competitive, and there has been price-overlapping with well-equipped non-luxury cars. For example, in Canada, several luxury manufacturers set sales records in August 2009, due mostly to aggressive incentives on entry-level luxury vehicles. In September 2009, BMW, Mercedes-Benz, Lexus and Audi all saw their Canadian sales increase by more than 10 per cent compared to a year earlier, despite overall Canadian auto sales being down 3.5 per cent compared to September 2008. The head of Mercedes-Benz Canada suggested that the brand
Toyota Avanza Toyota Avanza The is a mini MPV designed by Daihatsu and marketed by Toyota. It is produced in Indonesia and also contract assembled in Malaysia (under Perodua) for the first generation. Daihatsu designed and manufactures the vehicle, which is then sold by both Daihatsu and Toyota under and Avanza nameplate respectively. Daihatsu supplies the vehicle to Toyota under a consigned production and OEM manufacturing agreement. The car was unveiled at the Gaikindo Auto Expo in July 2003, and launched in December 2003 and sold over 100,000 units that year. The "Avanza" name was taken from the Spanish word "avanza", which