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.
This Sporty initiative by Japanese carmaker will definitely steal the hearts of numerous 'racing' enthusiasts across the country.
The is expected to cost about Rs 35 lakh.
Toyota Kirloskar Motor is lifting the lock-out at its Bidadi plant on the outskirts of the city, effective Saturday, company sources said.
Maruti Suzuki is set to launch a new multi-purpose vehicle (MPV) -- Invicto -- next month. It will be the company's first passenger vehicle with an ex-showroom price tag of Rs 20 lakh or more, said Shashank Srivastava, executive director (sales), on Tuesday. The upcoming MPV will compete with the likes of Toyota Innova Hycross, Kia Carnival, Hyundai Alcazar, MG Hector Plus, Tata Safari, Mahindra & Mahindra XUV700, and Mahindra & Mahindra Scorpio-N - all having three rows of seats. Invicto will be based on the Hycross by Toyota, which will manufacture Maruti's most expensive car at its Bidadi plant in Karnataka.
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.
Global auto giant Toyota is planning to set up a gearbox manufacturing plant in India to serve the Asian market.
The new diesel Toyota Etios and Liva find themselves in a highly competitive scenario.
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 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.
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.
Will the latest hatchback from the stable of Toyota -- Etios Liva -- generate a phenomenal response? Let's find out...
It will borrow Innova Crysta's engine lineup
The company said that as it expands in India, the team needs to take new roles and responsibilities.
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).
Toyota Kirloskar Motor on Monday launched Etios Xclusive priced in the range of Rs 7.82 lakh (petrol variant) to Rs 8.92 lakh.
"The driver of the Innova tried to escape from the spot and sped away. As the vehicle reached the toll booth, it rammed into many cars, leaving nine people injured. Later, three of them were declared dead," the DCP said.
Models of the Yaris, known in Japan as the Vitz, that were made between November 2010 and March 2012, have been recalled.
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 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.
Toyota Kirloskar Motor (TKM) on Wednesday said it will recall 44,989 units of multi-purpose vehicle Innova manufactured between February 2005 and December 2008 in India to rectify a faulty cable on the steering wheel.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
Exteriors of Innova always charm the onlookers but this new version has additional features to impress car lovers.
The launch of two much-awaited compact cars of Honda and Toyota, scheduled to hit showrooms in a few months, may get reviewed as the two companies struggle with component supplies.
The new Corolla Altis will come with a 1,798 cc engine.
So far Toyota has recalled more than 8 million vehicles worldwide.
Designed by Toyota Racing Development, the limited edition will be available in the 4x4 MT variant of the Fortuner, the company said in a statement.
Japanese car maker Toyota on Tuesday said it will begin production of its entry-level sedan Etios in third week of December from its second manufacturing facility in India at Bidadi in Bengaluru.
Japanese carmaker Toyota is recalling 41,000 units of its sedan Etios and small car Liva in India to replace faulty inlet pipe to fuel tank.
Toyota Kirloskar Motors and Honda Motors have announced plans to launch a small car in India.
Formula One newcomers Hispania (HRT) are talking to Toyota about a technical partnership for next season, team boss Colin Kolles said on Friday.
Toyota is launching a compact car by the end of next year from its new production facility close to its existing plant in Bangalore.
Bangalore-based Toyota Kirloskar Motor Pvt Ltd, a joint venture between Kirloskar Group and Toyota Motor Corporation, has decided to introduce the newly-developed sedan on the Etios platform, ahead of its much-awaited small car.
Mohammed Badri, acting director-general of ESMA -- official body governing quality and standards in the UAE -- met Toyota executives on Sunday and initiated the recall as a precaution.
Japanese car giant Toyota on Thursday said it will display 14 production and concept vehicles, including its low-cost compact car, at the forthcoming Auto Expo in the capital.