Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
Toyota's global image took a beating when over eight million Toyota vehicles were recalled worldwide to fix faulty accelerator pedals and brakes.
Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.
This is the third recall of the company to involve more than a million cars since 2009.
Buzz around Innova Aero and cheaper multi-utility brands of competitors make the going tough for Evalia in a crowded market.
Toyota Kirloskar Employees Union (TKMEU) on Saturday said they were ready to resume work on March 24 but would not sign any undertaking as desired by the company, which has agreed to lift the lock-out at its two plants in Bidadi near Bangalore following government's conciliatory efforts.
The company is currently celebrating the first anniversary of its Camry Hybrid in India during which it has sold 541 units
Is Honda Mobilio better than Toyota Innova? Find out...
Passenger vehicle sales in India kicked off on a flat note in new fiscal 2024-25 with 3.38 lakh units sold in April, impacted by high base effect and muted demand due to the ongoing general elections. Dispatches of passenger vehicles from manufacturers to dealers were at 338,341 units in April 2024 as compared to 332,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal growth in their domestic wholesales.
Workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.
Toyota Kirloskar Motor Pvt Ltd on Tuesday launched its premium sports utility vehicle, the Toyota Land Cruiser in Mumbai.
World's largest carmaker Toyota on Monday said it has cut production in India by 30 per cent this month, but is not holding back its planned investments of Rs 3,200 crore (Rs 32 billion) in the country.
Toyota is working on developing six subcompact cars as part of its global strategy to increase volumes in emerging markets over the next four years.
Toyota is working on developing six subcompact cars as part of its global strategy to increase volumes in emerging markets over the next four years.
Due to the continued pressure of high costs, Toyota is considering a price increase of up to 3 per cent across models with effect from January.
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
Toyota Motor Corporation and Honda Motor Corporation plan to make India a hub for sourcing components of small cars.
The campaign is for Corolla Altis Diesel manufactured between August 3, 2012 and February 14, 2013.
The New Camry would be available in four grades and is priced between Rs 21,26,000 and Rs 23,40,000, officials of Toyota's Indian unit, Toyota Kirloskar Motor, told a news conference in Bangalore. The launch was seen as Toyota's attempt to revitalise sales of this model.
The recently launched Toyota Camry looks good, drives well, offers ridiculous levels of space and comes quite feature-loaded.
The 2015 Toyota Fortuner is just a minor update.
There would be a new top-end variant called the Z, which will cost Rs 17.5 lakh.
The new cars, which have undergone over over 100 changes, were spotted at a dealer's showroom.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
The vehicle, which was unveiled at the 12th Auto Expo, has been launched in three different engine options.
They are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
With the sedan, Toyota has evoked concern in a number of existing players.
Toyota Kirloskar Motor is considering 1 to 2 per cent increase in prices of all its products - Toyota Innova, Corolla, Camry and Prado.
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The Japanese carmaker also said on Wednesday it was separately recalling around 169,000 vehicles including the Lexus GS350 and IS350 due to a problem in the engine assembly process.
'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'
The Fortuner was launched in August 2009 and TKM has sold over 41,000 units so far.
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