The world's largest carmaker, Toyota on Wednesday said it will bring its sports utility vehicle Fortuner in India by September this year, expected to be priced at about Rs 20 lakh.
Overall numbers decline, but the success of these two brands help Toyota move up to the fourth spot in the sales league table.
'That way you're not hostage just to US sort of exports to India.'
Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.
The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz. However, it didn't have a robust response in the market, clocking a cumulative wholesales of around 19,800 units.
The probe agency has issued summons to Samal and his son Prayaskanti in connection with Barapada Engineering College land irregularities, they added.
Toyota Kirloskar Motor on Tuesday said it has lifted the lockout at its Karnataka (Bidadi)-based manufacturing plants.
Production at the maker of Innova and Fortuner has been crippled and it's operating at less than 10 per cent capacity.
Mahindra e20Plus; Tata Hexa; Volvo S90; New Toyota Fortuner; New Hyundai Tucson. Get ready for the beauties!
Tata is expected to price Aria somewhere between Toyota Innova and Ford Endeavour.
The car would be in direct competition with existing players, including Ford Endeavour, Maruti Grand Vitara, Toyota Innova, Honda CR-V, Chevrolet Captiva, Toyota Fortuner and upcoming Skoda Yeti.
With its Storm Edge design language, the new Santa Fe replaces the older model and competes with the likes of the Toyota Fortuner, Ford Endeavour, Ssangyong Rexton and Chevrolet Captiva.
Sidhu in his affidavit, filed along with the nomination papers, declared total assets worth Rs 44.63 crore.
After giving an extreme makeover to popular cars such as Toyota Fortuner and the Mahindra XUV500, DC Design is working on Renault Duster.
Automaker Toyota Kirloskar Motor (TKM) on Tuesday said it will increase prices of its entire model range by up to 2 per cent with effect from October 1 in order to partially offset the impact of rise in input costs. The company, which is a joint venture between Japan's Toyota Motor Company and Kirloskar Group, sells a range of vehicles including Innova Crysta and Fortuner in the domestic market. The company will realign the prices of its models, with effect from October 1, 2021, TKM said in a statement.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
The company has capacity to manufacture 310,000 units annually.
Prius is priced between Rs 26.55 lakh and Rs 27.86 lakh.
"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.
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
M&M's primary target is the Rs 21.7-lakh Toyota Fortuner, that has a 70-per cent market share in its category.
Jeep India, a part of automotive group Stellantis, on Tuesday announced the opening of bookings for its upcoming SUV Meridian, the production of which has also commenced from its joint venture manufacturing facility at Ranjangaon, Maharashtra. Customers can book the Meridian either at Jeep India dealership network or through the company's website with a down payment of Rs 50,000. Deliveries of the vehicle will start in June, it said in a statement.
Jeep India, a part of automotive group Stellantis, on Tuesday announced the opening of bookings for its upcoming SUV Meridian, the production of which has also commenced from its joint venture manufacturing facility at Ranjangaon, Maharashtra. Customers can book the Meridian either at Jeep India dealership network or through the company's website with a down payment of Rs 50,000. Deliveries of the vehicle will start in June, it said in a statement.
The Toyota Fortuner returns in a sleek, feature-packed avatar, writes Joshua David Luther
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
Aria has a 14 per cent share in the UV segment, clocking in sales of 225-250 units a month.
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
Hyundai Motors finally launched their much anticipated Sports Utility Vehicle (SUV) Santa Fe in the Indian market just as the festive season kick started.
Workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
Japanese automaker says the 'element of trust has been broken'
It is the global leader in car sales but in India, is a distant fifth.
Toyota Kirloskar Motor is considering a price increase in Corolla Altis and Innova due to rising input costs and fluctuation in exchange rates.
Toyota is working on the next-generation Innova.
Skoda's new flagship offering will compete with the likes of Toyota Fortuner, Ford Endeavour and Isuzu MU-X as well as Volkswagen Tigua.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
The company says if the ban on diesel vehicles continues, around 13% of its sales will be hit.
The car is good enough to dethrone the current segment king, the Toyota Fortuner.
The Glanza is clearly a rebadged Maruti Suzuki Baleno, however, Toyota has given it a longer warranty and a lower starting price to make it more attractive. Are there other compelling reasons to consider it over Baleno?
he car of RJD president Lalu Yadav's son-in-law Vinit Yadav was snatched by some unidentified persons at gunpoint near Sikandarpur metro station.
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