The heart breaking Japanese catastrophe and huge booking orders of Etios saloon being the respective reasons.
The first investigation completed on Monday resulted in a $16.375 million fine over Toyota's recall of nearly five million vehicles with accelerator pedals that could become entrapped by floor mats.
Launch of Etios Cross, upgraded Corolla likely to see delay of at least 2 months.
The new Innova is more expensive than the old one, with the top-end model costing over Rs 20 lakh
22 million vehicles recalled in 2013: US safety agency
Japanese auto major Toyota will hike prices of its vehicles across all models in India by up to 3 per cent from January to offset rising input costs.
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.
'In Krrish, I was playing Hrithik's child version.' 'I also did Ishq Vishk with Shahid Kapoor.' 'In Aetbaar, I remember doing scenes with Amitabh Bachchan.'
Japanese auto major Toyota Motor Corp will invest $ 350 million (about Rs 1,400 crore) for setting up a second plant in India as part of its plans to introduce a strategic small car in the country by 2010. The new plant will have a production capacity of 1 lakh units and will become operational by 2010. The new small car, which will have high localisation level, is primarily aimed at the Indian market. Toyota will also be investing further in the plant on support facilities.
With 25 per cent sales growth in the multi-utility vehicle segment, other car makers rushing in, too.
Carmakers, including Toyota, Honda, Nissan Motor Co and BMW, in 2013 recalled 3.6 million vehicles because of problems with the airbag inflator that could potentially explode and injure the driver or passengers.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
Boardroom shuffle in Toyota may lead Takeshi Uchiyamada to become chirman, speculate executives.
Over 400 Toyota Kirloskar Motor Employees Union members have ended their sit-in protest outside the labour commissioner's office in Bangalore, to pave the way for holding conciliatory talks.
Speaking to reporters after flagging off Etios exports to South Africa for the first time, Sandeep Singh, deputy managing director (marketing), said so far the Camry had been imported.
The car has been been specifically developed for the Indian market and the company is investing Rs 3,200 crore (Rs 32 billion) at its second plant in Bangalore to produce its units.
The fuel efficiency of the vehicle is 19.16kmpl.
The company is wooing smaller towns to create awareness for Etios to be launched in December.
Toyota will be hiring as many as 1,600 contract employees in the coming months, indicating that the auto sector is slowly recovering.
The auto maker, which is recalling more than a million vehicles in different parts of the world, had a loss of 164.7 billion yen in the same period a year ago. In the third quarter of fiscal year 2010, consolidated vehicle sales jumped 227,000 units, Toyota said on Thursday.
Toyota's Jarno Trulli and Timo Glock were sent to the back of the Australian Grand Prix starting grid on Saturday after stewards ruled their cars breached regulations. The governing International Automobile Federation (FIA) said in a statement that the upper rear wing elements of the two cars were too flexible and the cars were excluded from the official qualifying classification.
Tavish, author of the fantasy book Cren and the War of Seven Days, and Hemant, founder of the climate change awareness Web site CarbonNeutralVolunteers.org, were among the 12 national winners of the scholars program selected from 100 regional winners.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 350,257 lakh units last month as compared to 335,436 in the same month a year ago, registering a growth of 4 per cent.
The company says if the ban on diesel vehicles continues, around 13% of its sales will be hit.
Toyota has set up two manufacturing plants at Bidadi, about 35 km from here, with a combined capacity of 310,000 units a year.
The Italian accused his Toyota team of costing him a podium finish in the Belgian Grand Prix.
Toyota Kirloskar Motors Limited is looking to make further inroads into the Indian market as it puts its strategy into overdrive. With the launch of the Prius and its small car in 2010, it is looking to add another volume product to its portfolio.
They have features such as bluetooth audio with remote, rear parking sensors and two-tone interiors.
Auto major Toyota Kirloskar Motor on Thursday unveiled its first crossover, 'New Etios Cross', targetting young customers.
Auto firms have reported a good jump in sales for the month of December
Here's how the Etios stands when pitted against the Tata Manza, one of its close competitiors.
As this is a limited edition trim, there are expected to be some impressive features on offer, which have been specifically incorporated in these premium sedans.
"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.
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.