Well don't get too excited about the new Valco name, it is just the suffix given to the Etios hatchback that's just been launched in Indonesia.
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The Etios Valco is imported to Indonesia in the form of CKD kits and assembled by PT Toyota Motor Manufacturing Indonesia (TMMIN). The car is sold by PT Toyota Astra Motor, the Japanese giant's Indonesian subsidiary.
The Valco employes the same 1.2 litre petrol engine that is found in the Indian Liva. The four cylinder engine develops 80 PS and is mated to a 5-speed manual gearbox.
The Etios Valco is available in three variants namely J, E and G. The top of the line G gets ABS, airbags and power windows while the entry level J makes do even without a power steering. The car is available in six exterior shades - blue, black, white, silver, grey and beige. The interiors are full black unlike the Indian car's new dual tone theme.
The Toyota hatchback would be locking horns with cars like Honda Brio, Nissan March (Micra), Mitsubishi Mirage and the likes.
Prices start from 135.5 million (around Rs. 7.55 lakhs) Indonesian Rupiah for the base J variant while the E variant is priced at 149.9 million Indonesian Rupiah (around Rs. 8.39 lakhs). The high end G variant costs 161.6 million Indonesian Rupiah (around Rs. 9.04 lakhs).