Toyota is set to roll out a new smaller truck with a $30,000 price tag, but it will be a bit of a wait before drivers can get behind the wheel. The new compact truck model is meant to compete with ...

Toyota will launch a unibody small pickup in the US to compete with Ford Maverick and Hyundai Santa Cruz. Likely RAV4-based with 2.5L hybrid, AWD or FWD options and a possible PHEV for big mpg gains.

Automakers like Ford and Hyundai are producing small trucks that outsell other popular models. Toyota makes midsize and full-size trucks. A small truck could be a huge win for the company's portfolio.