It is the global leader in car sales but in India, is a distant fifth.
Japan's biggest carmaker Toyota Motor Corp is considering an investment of Rs 1,500 crore
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
Close to 50 models were launched in India in the past 12 months, but companies have not been able to realise their potential due to the pandemic.
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Japanese auto major Toyota Motors Corporation Ltd said on Tuesday that it has begun exporting transmission equipment, manufactured at its dedicated plant in Bangalore, to seven Toyota plants across the world
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
Besides, Toyota and MG Motor also reported nil sales as they suspended operations even before the imposition of lockdown on March 25 to check the spread of coronavirus. In two-wheeler segment, niche bike maker Royal Enfield said it had zero sales in the domestic market but exported a total of 91 units last month.
Mechanically, the car is based on the Liva and sports the same running gear. However, the visuals of the hatchback have been tweaked to give it a rugged appearance.
Bengaluru's manufacturing sector has in the past few years witnessed one of its worst phases, thanks to labour unrest in the region's industrial hub.
The country's largest carmaker Maruti Suzuki India (MSI) on Monday reported a 11.8 per cent increase in wholesales to 164,469 units in February. The company had sold 147,110 units in February last year, Maruti Suzuki India (MSI) said in a statement. Domestic sales increased 11.8 per cent to 1,52,983 units last month, as against 1,36,849 units in February 2020, it added.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
BS-VI emission norms and the COVID-19 lockdown impacted the dispatches.
There would be a new top-end variant called the Z, which will cost Rs 17.5 lakh.
The body has been detected inside the 370-foot-deep coal mine in Meghalaya's East Jaintia Hills district,
The new financial year started on a mixed note for car makers.
The campaign is for Corolla Altis Diesel manufactured between August 3, 2012 and February 14, 2013.
You could exit on completion of your set target or on spurt in the stock price.
Covering 37 different legislations such as the Partnership Act of 1932, Insolvency and Bankruptcy Code, and laws on environmental protection, consumer protection and labour interests, the recommendations have been shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
Hit hard by rupee depreciation, automobile companies including Toyota and General Motors, are keeping options open to increase prices of their vehicles.
The new cars, which have undergone over over 100 changes, were spotted at a dealer's showroom.
The is expected to cost about Rs 35 lakh.
Move to be aimed at reducing subsidies on the fuel.
The company, which is present in India through a joint venture with the Kirloskar Group, will start the exercise from next month and will contact the respective customers, check and change the part, if necessary, free of cost.
Seven manufacturers together post a 15% decli#8800 M&M, Ford and Honda buck trend.
Even as some automakers limp, others charge ahead.
The new Toyota Yaris will surely instil confidence among its users when it comes to performance and safety, says P Tharyan.
Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%.
Firms are enthused at passenger vehicle numbers but high interest rates a problem.
Various manufacturers, including Nissan and Honda have also been impacted due to faulty airbags supplied by Takata.
Overall numbers decline, but the success of these two brands help Toyota move up to the fourth spot in the sales league table.
The company has launched the new version of Etios at a price range of Rs 545,000 and Rs 708,000 for the petrol variant and Rs 670,000 and Rs 815,000 (ex-showroom Delhi) for the diesel variant.
Buzz around Innova Aero and cheaper multi-utility brands of competitors make the going tough for Evalia in a crowded market.
India's latest batting sensation Virat Kohli on Thursday said Sachin Tendulkar deserves country's highest civilian award -- the Bharat Ratna.
SUVs are increasingly becoming a rage amongst buyers.
The country's largest carmaker Maruti Suzuki India on Thursday said it will increase the prices of its vehicles across all models by up to Rs 20,000 from January due to increasing pressure on its margins due to currency fluctuation. Honda Cars India and Volkswagen India said they, too, are contemplating the same.
