Schumacher said he would not want to extend his career beyond 2006 if he is not able to win races again.
While Yaris is a hatchback, Vios is its sedan version.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
The contract extension will keep him at the Toyota Formula One team to the end of 2009.
Exports during the month rose 4.4 per cent to 7,077 units as compared to 6,779 units in April last year, MSI said.
Toyota said modules in the power window master switch may have been lubricated inconsistently during the manufacturing process.
The world's largest carmaker, Toyota, on Wednesday launched the diesel version of its premium sedan Corolla Altis in India, priced between Rs 10.95 lakh and Rs 13.75 lakh (ex-showroom Delhi).
Prius is the highest selling hybrid model of TMC with a cumulative global sale of over 1.4 million units since 2000.
Car-maker Toyota Kirloskar Motor today reported an 89.34 per cent increase in sales to 17,395 units in January, driven by robust demand for its latest 'Etios' and 'Liva' models.
Toyota Kirloskar Motor is lifting the lock-out at its Bidadi plant on the outskirts of the city, effective Saturday, company sources said.
This Sporty initiative by Japanese carmaker will definitely steal the hearts of numerous 'racing' enthusiasts across the country.
The is expected to cost about Rs 35 lakh.
The Corolla Altis Aero, powered by the existing J Grade 1.8 litre petrol engine, is Bharat Stage IV emission norms compliant, the company said.
Global auto giant Toyota is planning to set up a gearbox manufacturing plant in India to serve the Asian market.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
The world's largest carmaker, Toyota, is evaluating options to introduce a diesel version of its small car to be launched in the Indian market by 2011.
The new diesel Toyota Etios and Liva find themselves in a highly competitive scenario.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Over 1,000 employees affiliated to the Toyota Kirloskar Motor Union on Tuesday resumed work after signing a modified version of the 'good conduct declaration' prepared by the management.
The company had earlier stated that for a fall of every rupee against dollar, it loses about Rs 90 crore (Rs 900 million) on a yearly basis.
Will the latest hatchback from the stable of Toyota -- Etios Liva -- generate a phenomenal response? Let's find out...
Toyota on Wednesday launched an advanced version of its multi-purpose vehicle Innova in India, offered at an introductory price between Rs 7,66,000 and Rs 11,06,000 (ex-showroom, Delhi).
The company said that as it expands in India, the team needs to take new roles and responsibilities.
It will borrow Innova Crysta's engine lineup
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 350,257 lakh units last month as compared to 335,436 in the same month a year ago, registering a growth of 4 per cent.
Toyota Kirloskar Motor on Monday launched Etios Xclusive priced in the range of Rs 7.82 lakh (petrol variant) to Rs 8.92 lakh.
Industrialist Vikram Kirloskar on Monday said he would begin negotiations with the Japanese automaker Toyota in March next to increase his stake in their joint venture Toyota Kirloskar Motor Pvt Ltd
Models of the Yaris, known in Japan as the Vitz, that were made between November 2010 and March 2012, have been recalled.
Toyota is being cautious with the technology, but GM is full-speed-ahead for a 2010 launch of its Volt. To the victor will go the spoils.
Toyota Kirloskar Motor (TKM) on Wednesday said it will recall 44,989 units of multi-purpose vehicle Innova manufactured between February 2005 and December 2008 in India to rectify a faulty cable on the steering wheel.
Exteriors of Innova always charm the onlookers but this new version has additional features to impress car lovers.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
The launch of two much-awaited compact cars of Honda and Toyota, scheduled to hit showrooms in a few months, may get reviewed as the two companies struggle with component supplies.
The new Corolla Altis will come with a 1,798 cc engine.