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.
The Rs. 3,200-crore (Rs. 320-billion) plant with capacity to produce 70,000 cars annually was to be inaugurated in Bidadi near Bangalore on March 15.
Toyota Liva has hit the Indian B segment car market with a bang and is priced aggressively at a starting price of Rs 399,000.
Toyota Fortuner 2016 vs Ford Endeavour vs Chevrolet TrailBlazer InteriorsToyota Fortuner 2017 interior
Passenger vehicle sales in India kicked off on a flat note in new fiscal 2024-25 with 3.38 lakh units sold in April, impacted by high base effect and muted demand due to the ongoing general elections. Dispatches of passenger vehicles from manufacturers to dealers were at 338,341 units in April 2024 as compared to 332,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal growth in their domestic wholesales.
Prius is priced between Rs 26.55 lakh and Rs 27.86 lakh.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
So far the company has got orders for 54 units of Prius from customers in India.
Schumacher said he would not want to extend his career beyond 2006 if he is not able to win races again.
Volkswagen overtook Toyota as the world's largest carmaker by sales.
The contract extension will keep him at the Toyota Formula One team to the end of 2009.
While Yaris is a hatchback, Vios is its sedan version.
Prius is the highest selling hybrid model of TMC with a cumulative global sale of over 1.4 million units since 2000.
The world's largest carmaker, Toyota, on Wednesday launched the diesel version of its premium sedan Corolla Altis in India, priced between Rs 10.95 lakh and Rs 13.75 lakh (ex-showroom Delhi).
Exports during the month rose 4.4 per cent to 7,077 units as compared to 6,779 units in April last year, MSI said.
Toyota Kirloskar Motor is lifting the lock-out at its Bidadi plant on the outskirts of the city, effective Saturday, company sources said.
Car-maker Toyota Kirloskar Motor today reported an 89.34 per cent increase in sales to 17,395 units in January, driven by robust demand for its latest 'Etios' and 'Liva' models.
Toyota said modules in the power window master switch may have been lubricated inconsistently during the manufacturing process.
This Sporty initiative by Japanese carmaker will definitely steal the hearts of numerous 'racing' enthusiasts across the country.
Global auto giant Toyota is planning to set up a gearbox manufacturing plant in India to serve the Asian market.
The is expected to cost about Rs 35 lakh.
The world's largest carmaker, Toyota, is evaluating options to introduce a diesel version of its small car to be launched in the Indian market by 2011.
The Corolla Altis Aero, powered by the existing J Grade 1.8 litre petrol engine, is Bharat Stage IV emission norms compliant, the company said.
Over 1,000 employees affiliated to the Toyota Kirloskar Motor Union on Tuesday resumed work after signing a modified version of the 'good conduct declaration' prepared by the management.
The new diesel Toyota Etios and Liva find themselves in a highly competitive scenario.
The company had earlier stated that for a fall of every rupee against dollar, it loses about Rs 90 crore (Rs 900 million) on a yearly basis.
Toyota on Wednesday launched an advanced version of its multi-purpose vehicle Innova in India, offered at an introductory price between Rs 7,66,000 and Rs 11,06,000 (ex-showroom, Delhi).
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.
Will the latest hatchback from the stable of Toyota -- Etios Liva -- generate a phenomenal response? Let's find out...
The company said that as it expands in India, the team needs to take new roles and responsibilities.
It will borrow Innova Crysta's engine lineup
Industrialist Vikram Kirloskar on Monday said he would begin negotiations with the Japanese automaker Toyota in March next to increase his stake in their joint venture Toyota Kirloskar Motor Pvt Ltd
Toyota Kirloskar Motor on Monday launched Etios Xclusive priced in the range of Rs 7.82 lakh (petrol variant) to Rs 8.92 lakh.
Toyota is being cautious with the technology, but GM is full-speed-ahead for a 2010 launch of its Volt. To the victor will go the spoils.
