<ul><li>Toyota is considering offering a smaller, potentially car-based ute to compete with Ford Maverick and Hyundai Santa Cruz.</li><li>The new Toyota ute would be positioned below the Tacoma in the US lineup, aimed at providing a more affordable option with a more car-like driving experience.</li><li>Hyundai Santa Cruz and Ford Maverick are car-based unibody utes that have been performing well in the market, with Maverick surpassing Ford Ranger in sales.</li><li>Toyota is also planning to launch an electric ute in Europe by 2026 and a car-based, hybrid-powered ute in Brazil in 2027, with potential future expansion to other markets.</li></ul>

Smaller Toyota ute to rival Ford Maverick a matter of when, not if – report

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