The Toyota Veloz 2023 is a seven-seater MPV that uses a front-wheel-drive, front-engine layout. It uses the same platform as the 2023 Toyota Avanza though Toyota has designated it as its own standalone model.
There are three available variants for the Philippine market. There is the Veloz G CVT, and it starts at Php 1,210,000. Then there's the Veloz V CVT, and it's priced at Php 1,265,000. There are, however, Veloz variants with a Platinium Pearl Mica paint job. These meanwhile come with a Php 15,000 premium over their standard price tags. The Veloz E then stands as the model's entry-level trim and it is priced at Php 1,092,000.
Size-wise, the Veloz is 4,475mm long, 1,775mm wide, and 1,700mm in height. It has a wheelbase length of 2,750mm, and a ground clearance of 190mm.
Under the hood of the Veloz is a 1.5-liter inline-4 gasoline engine. It can make up to 105 horsepower and 138 Nm of torque, and it is paired to a continuously variable transmission (CVT) sending power to its front wheels.
Locally, the 2023 Toyota Veloz is set to compete against the Suzuki XL7, Mitsubishi Xpander Cross, Geely Okavango, and the Honda BR-V.