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).
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.
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.
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 on Monday launched Etios Xclusive priced in the range of Rs 7.82 lakh (petrol variant) to Rs 8.92 lakh.
It will borrow Innova Crysta's engine lineup
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
Models of the Yaris, known in Japan as the Vitz, that were made between November 2010 and March 2012, have been recalled.
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.
So far Toyota has recalled more than 8 million vehicles worldwide.
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.
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.
Exteriors of Innova always charm the onlookers but this new version has additional features to impress car lovers.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
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.
Toyota Kirloskar Motors and Honda Motors have announced plans to launch a small car in India.
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 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.
South Korean carmaker Kia was on Tuesday declared the top mass-market performer in the overall customer experience index (CEI), an annual survey done by the Federation of Automobile Dealers Associations (Fada) to assess and quantify customer experience across 97 parameters related to sales, product, and after-sales quality. Fada conducted this survey in collaboration with consulting firm Frost & Sullivan, with a sample size of 8,685 respondents.
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.
Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.
The head of Toyota was handed a stark warning just over three years ago of significant problems with the safety of a number of models as the result of cost-cutting and the use of temporary workers, says a media report.
The Etios sedan, which made its global debut in the country in December 2010, has sold over 20,000 units till date. This gives Toyota the hope that the new small car will catapult it among the top manufacturers in the second fastest growing automobile market globally.
The carmaker's Bangalore institute aims to give poor teenagers a leg up and produce skilled workers for the subcontinent's auto boom
'We are seeing one of the highest discounts in recent years across companies.' 'October is a crucial month with several festivals coming up.'
The German's future remains uncertain even if he has said repeatedly that he expects to be in Formula One next season.
TKM is investing Rs 3,200 crore in the second facility, which will have an initial capacity of 70,000 units as it gears to launch a small car in the Indian market by early 2011.
The Japanese auto maker, which is present in India through a joint venture with the Kirloskar Group, is investing Rs 3,200 crore (Rs 32 billion) for setting up a new production facility in Bangalore to launch its 'strategic' small car in New Delhi.