This is the third recall of the company to involve more than a million cars since 2009.
Hyundai Elantra is likely to give it tough to rivals like Renault Fluence and Toyota Corolla.
Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.
"We see high market potential with growing population of Indian middle class families aspiring for more advanced features like safety, space, luxury and comfort," Toyota Kirloskar Motor's MD Akito Tachibana told reports at the Auto Expo in Greater Noida last week.
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
Toyota Kirloskar Motor is considering 1 to 2 per cent increase in prices of all its products - Toyota Innova, Corolla, Camry and Prado.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
Toyota Kirloskar Motor achieved cumulative sales of 5,600 units of Toyota vehicles, led by Toyota Innova and Corolla, in June 2005, up by 36 per cent over the corresponding period last year.
Having entered the mass segment in India with its compact range, comprising the Etios and the Etios Liva a little over a year ago, the campaign marks its first major attempt to communicate to the masses.
Prius is priced between Rs 26.55 lakh and Rs 27.86 lakh.
The Camry hybrid sold 466 units in January-April in the region.
The identities of the victims have not been disclosed.
Toyota said modules in the power window master switch may have been lubricated inconsistently during the manufacturing process.
Workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.
The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
22 million vehicles recalled in 2013: US safety agency
It is the global leader in car sales but in India, is a distant fifth.
Pakistan Prime Minister Nawaz Sharif is the country's richest parliamentarian with assets of over Rs 1.43 billion, according to data released by the Election Commission of Pakistan.
The new car would come with a 1.8 petrol litre engine in three different grades. "This year's target is to sell 63,000 vehicles, and by fiscal 2015 we are aiming for a market share of about 10 per cent. The Altis marks our big step toward the achievement of this goal," Toyota Kirloskar Motor (TKM) Vice-Chairman Vikram Kirloskar said. The company, which sold about 50,000 units last year, currently enjoys around three per cent of the Indian passenger car market.
The 17-lender consortium led by State Bank of India has also put the Flying Models, Funliner, Fly Kingfisher and Flying Bird Device on the block.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday unveiled the prototype of the world's first Bharat Stage (BS)-VI-compliant electrified flex-fuel car, developed by Toyota Kirloskar Motor. The car, which runs on 100 per cent ethanol (E100), is based on the Toyota Innova HyCross. It can cover 40 per cent of its distance on ethanol and the remaining 60 per cent on electric, with the petrol engine shut off.
PNB took the delivery of these high-end luxury cars worth approximately Rs 1.34 crore last month, unmindful of the coronavirus outbreak, subsequent nation-wide lockdown and its crippling effect on the financial sector as well as the economy. The annual depreciation on this purchase will be around about Rs 20 lakh.
Prospective bidders had earlier termed the reserve price as too high, while multiple legal woes of Mallya-led UB Group are also being cited by many as reasons for lack of interest in buying this property
Through a combination of local manufacture and imported CBU models, the company makes and sells four SUVs, one hatchback, and one sedan.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
Launched back in 2016, the sixth generation Elantra has a lot going for it. The car has now entered the MotorBeam garage and here are our first impressions.
Toyota Motor Corporation unveiled the much-awaited small car that it developed for the Indian market at the Delhi Auto Expo.
The strike by a Hellfire missile in Kabul on August 29, which was launched in an effort to kill ISIS-K planners, instead killed 10 civilians, he said.
The radical styling that consists of 17-inch diamond-cut wheel rims and a chrome grill that comes with a sleek coupe-inspired profile -- the kind you'd expect to see in an Acura or a Lexus sports car -- make the Civic one of the best-looking cars on the road today irrespective of price.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
Each year, at least 10 million Indians marry and the market is estimated at nearly $35 billion, growing at about 25 per cent annually.
'Bumrah is unique and at the moment, he is one of the best.'
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
The facelifted Elantra is a loaded with features and will give it tough to rivals.
