Toyota have ended a cooperation agreement with the struggling HRT Formula One team but are still seeking payment, the Japanese company said on Monday.
The renewed talks between Toyota Kirloskar Motor management and employees union to end the deadlock over labour issues at two plants near Bangalore have failed.
Toyota Motor Corporation, which runs its Indian operation through a joint venture -- Toyota Kirloskar Motor -- with the Kirloskar Group, is constructing the second plant at its Bangalore facility with an investment of Rs 3,200 crore (Rs 32 billion) to manufacture the small car.
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.
The pre-bookings of the car has already started.
Toyota Formula One boss Tsutomu Tomita will stand down at the end of June and be replaced by Tadashi Yamashina.
The car we're driving today is the most affordable Toyota in India, the Etios Liva and we tell you if you should consider it if you're in the market looking for a hatchback or look at the other obvious options.
The recall includes 1.3 million vehicles in North America announced earlier in the day by Toyota's US unit.
Japanese auto major announced top level management changes in its Indian arm with Sandeep Singh, Deputy Managing Director slated to move for a new role in its Asia Pacific operations.
Workers' union to hold meeting on Monday to decide when to return to work.
Suzuki will produce EVs for the Indian market and will supply some of them to Toyota, which will provide technical support.
Recently, South Korean Foreign Minister, Chung Eui-yong, dialled his Indian counterpart, S Jaishankar, in New Delhi. His government, he said, "regretted the offence caused to the people of India". A day earlier, India had summoned the South Korean ambassador to express its "strong displeasure" over "an unacceptable social media post".
Toyota is working on the next-generation Innova.
The new Toyota Camry will be challenging the likes of Volkswagen Passat, Hyundai Sonata, Honda Accord and Skoda Superb, to name a few popular names from the segment.
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.
Fitted with a digital camera, the alcolock locks the ignition if it detects that the driver has drunk too much, or is under the legal limit, and gives the motorist a warning.
Of the 6,400 Toyota employees, about 4,000 are union members and the remaining of them are on contract in both the factories.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
Jordan take delivery of their first Toyota engines this week with their work cut out to be ready for the Formula One season starting on March 6.
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.
Toyota have decided not to appeal a penalty that cost Italian driver Jarno Trulli a place on the podium in the season-opening Australian Grand Prix, the Formula One team said on Wednesday.
TKM is also showcasing its Toyota Prius hybrid car in the biennial event in the national capital and is looking for its launch in the Indian market.
Toyota Land Cruiser LC200 VX (Premium) 2 comes at a price of about Rs 88,30,000, ex-showroom Delhi.
Toyota Land Cruiser LC200 VX (Premium) 2 comes at a price of about Rs 88,30,000, ex-showroom Delhi.
Japan's top automaker Toyota on Monday said it faced an "unprecedented" operating loss of $1.69 billion for fiscal 2008, the first such loss in the company's history, due to dwindling global auto sales and a surging yen.
Japanese automaker Toyota has developed a safety technology that it says will keep the driver's eyes on the road.
After learning lessons from market downturn and a series of product recalls, Japanese car maker Toyota on Wednesday said it will strengthen focus on emerging markets by increasing production, sales and developing models to suit local needs, as part of its global business plan till 2015.
Toyota Kirloskar Motor launched the Toyota Corolla on Sunday. The company expects to sell around 10,000 units in the first year itself.
So, how impressive is the Toyota Etios? We find out as we drive one.
Marking an entry into the high-profile Formula 1 circuit, liquor baron Vijay Mallya-promoted Kingfisher Airlines has inked a multi-year partnership deal with Toyota Motorsport
This partnership also marks for the first time ever that an Indian airline has partnered on this scale with anyone in the F1 circuit worldwide.
'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'
Toyota Kirloskar Motor will, over the next 45 days, open around 30 dealerships for a smooth roll out of its much publicised compact car, the Etios, as well as the Etios sedan.
Success-starved Toyota are desperate for a first Formula One victory and Italian driver Jarno Trulli said on Thursday he was ready to deliver it.
"That there is an impact on (auto component) supplies is a given, we will have to adjust our production accordingly," said Jnaneswar Sen, vice-president (marketing), Honda Siel Cars India.
Toyota Fortuner 2016 vs Ford Endeavour vs Chevrolet TrailBlazer InteriorsToyota Fortuner 2017 interior
