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.
Overall numbers decline, but the success of these two brands help Toyota move up to the fourth spot in the sales league table.
The new Toyota Yaris will surely instil confidence among its users when it comes to performance and safety, says P Tharyan.
Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.
Firms are enthused at passenger vehicle numbers but high interest rates a problem.
Japan is expected to increase its investment target in India from the earlier 5 trillion yen ($34 billion) to almost 10 trillion yen.
Maruti Suzuki, riding on the success of models like Swift, Estillo and Dzire, posted a growth of 3.4 per cent over the same period in the previous fiscal.
Automobile manufacturers are offering freebies, ranging from gold coins and LED televisions to record discounts, to push petrol vehicle sales.
Hit by the depreciating rupee, auto companies, including General Motors India and Toyota Kirloskar Motor, are mulling hike in prices to offset the rising cost of component imports.
Toyota Kirloskar Motor on Wednesday signed leading Bollywood actor Aamir Khan as brand ambassador to promote its utility vehicle Innova in India.
"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.
Dynamics of auto business will change if the government ends diesel subsidy to passenger vehicles.
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 bookings of the new vehicle, named Innova Crysta opened on Monday and deliveries will begin from May 13, 2016.
India's latest batting sensation Virat Kohli on Thursday said Sachin Tendulkar deserves country's highest civilian award -- the Bharat Ratna.
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
While Tata Motors will stop production of commercial vehicles at Pune for three days this week, Maruti Suzuki India will be having its week-long annual maintenance shut down from next week.
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
It will borrow Innova Crysta's engine lineup
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.
Only 1,200 exclusive units of the Innova Aero will be on sale till December, 2012, it said.
Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.
The SUV segment is showing good momentum, enough to attract new players.
Indian businessmen and executives may not yet be the most meticulous executioners of management principles in the world. But when it comes to keeping the Gods and lady luck happy, they leave no stone unturned.
Sanjay Kirloskar, promoter of Kirloskar Brothers, moves Supreme Court to enforce a family settlement signed in 2009.
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
There was not a dry eye in sight as 3,024 beneficiaries of a slum rehabilitation project were overwhelmed by emotion as Prime Minister Narendra Damodardas Modi handed them the keys to their new homes at Vigyan Bhawan in New Delhi.
The Camry hybrid sold 466 units in January-April in the region.
The company has capacity to manufacture 310,000 units annually.
Various manufacturers, including Nissan and Honda have also been impacted due to faulty airbags supplied by Takata.
The Bosch group has expressed interest to set up a plant to manufacture auto components in Bidadi over an area of 100 acres.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs
Auto firms have reported a good jump in sales for the month of December
Auto majors Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up.
The car will be available in both petrol and diesel options and will take on Maruti Suzuki's DZire and Toyota Kirloskar Motor's Etios.
When the workers returned to work for the 6 am shift on Monday morning, the management insisted each employee sign an undertaking, but the workers refused to do so.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances