The company has capacity to manufacture 310,000 units annually.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
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
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
"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.
It is likely to be priced between Rs 8 and Rs 12 lakh
Workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.
Be it in terms of looks, features or safety, the Indian auto market is growing up
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
The vehicle will compete with the likes of Toyota's Innova, Maruti's Ertiga.
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 2015 Toyota Fortuner is just a minor update.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
Toyota Fortuner 2016 vs Ford Endeavour vs Chevrolet TrailBlazer InteriorsToyota Fortuner 2017 interior
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.
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.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.
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?
Chidambaram showed a total income of Rs 8.58 crore for 2014-15, while his wife Nalini showed income of Rs 1.25 crore for the same period.
High ground clearance, a wide cabin and tall stance all mean that the Carens glides over bad roads with ease and comfort and an engine performance that is adequate in terms of the power of this vehicle, says Pavan Lall.
While, on the surface, it seems revolutionarily new, Toyota has essentially plugged in gaps in the Fortuner's package. Tushar Kamath/CarDekho.com drives a Toyota Fortuner 2.8 4x4 AT to find all about it.
Foiling a major terror plot, four suspected Pakistan-linked terrorists on their way to Telangana to deliver explosives were nabbed in Haryana's Karnal on Thursday and arms, ammunition and IEDs were recovered from their vehicle, senior police officials said.
The Tata group flagship has sold more sport utility vehicles (SUVs) in the domestic PV market in the past four months than any other automotive manufacturer, cementing its no.1 spot. It first grabbed pole position in the SUV segment in October 2021 after the launch of the Punch - a sub-compact SUV offering.
No power on earth can stop the Bharatiya Janata Party from getting majority in Lok Sabha elections, party president Rajnath Singh said on Sunday.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Leading automakers Maruti Suzuki India, Hyundai and Tata Motors reported a double-digit increase in dispatches to dealers in April as the demand remained robust especially for the sports utility vehicles. The country's largest car maker Maruti Suzuki India (MSI) said its domestic passenger vehicle wholesales rose 13 per cent to 137,320 units last month as against 121,995 units in April 2022. Sales of mini cars, comprising Alto and S-Presso, fell 18 per cent to 14,110 units as compared with 17,137 units a year ago.
Maruti Suzuki India (MSI) and Hyundai posted single-digit growth in domestic sales in June, even as the overall passenger vehicle segment crossed the 20 lakh units sales mark for the first time-ever in the first half this year. Toyota Kirloskar Motor reported a double-digit growth in dispatches to dealers, while Kia saw a dip in wholesales last month. MG Motor India also reported a double-digit increase in retail sales in June 2023 compared to the same month last year.
The measures government takes next to push economic growth will be the key for automotive sector
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
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
Can Ford take on the market leader with its aggressive pricing? Find out...
In the past six months, Nissan sold around 200 Evalias only
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
Since the beginning of its sales in India, French MPV Renault Lodgy has always faced stiff competition from Toyota Innova as the ultimate people's mover.
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.
For players like Toyota Kirloskar and Ford, the contribution of UVs to overall sales is now well over 60%.
Banks put the airline's trademarks including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on the block
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