'Two would be premium products and three would be mainstream products.'
When it comes to electric cars, the electric dream is turning out to be a six-letter word starting with f, ending with y, and having antas in between, notes Suveen Sinha.
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.
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.
Formula One newcomer Timo Glock put Toyota on top of the testing timesheets with a best time of one minute 19.779 seconds.
Toyota Kirloskar Motor is expecting a 58 per cent jump in revenues and a 3.6 per cent rise in sales for the current fiscal.
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.
The amount sought by the National Highway Traffic Safety Administration would be the 'largest civil penalty ever assessed' against an auto maker by the auto safety agency, according to the US department of transportation.
The model has sold more than 88,500 units since its introduction in India in 2003.
The new Prado is available in five exciting colours-- White Pearl Crystal Shine, Silver Metallic, Grey Metallic, Greyish Blue Metallic and Black.
'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.'
APAs are part of govt's aim to move to a non-adversarial tax regime.
Toyota's Fuji International Speedway gave up the hosting rights for the Japanese Formula One Grand Prix in 2010 and beyond on Tuesday to cut costs amid the global economic downturn. The circuit, majority held by the world's biggest automaker, had been scheduled to alternate each year with Honda-owned Suzuka.
Toyota have offered Kimi Raikkonen a deal for next season but the 2007 Formula One champion's management wants more, according to the team's motorsport president John Howett. The party-loving Finn has said he wants to be in a competitive car, and Toyota have yet to win a race since they entered the sport in 2002.
Toyota Kirloskar Motor is considering a price increase in Corolla Altis and Innova due to rising input costs and fluctuation in exchange rates.
Toyota Kirloskar Motor Ltd on Friday said it was aiming to sell 54,000 vehicles across its different models in India this year, even as the company continues to explore its small car options.
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.
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.
"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.
Toyota Kirloskar Motors on Thursday launched Innova, a replacement model for its flagship Qualis, pricing the base models of petrol and diesel versions at Rs 6.82 lakh and Rs 7.42 lakh respectively.\n\n
The proposed car is likely to be built on the platform the company developed for its much awaited sedan, Etios, launched last week in the country.
Buyer can book the mini SUV for Rs 50,000.
The company, which is present in India through a joint venture with the Kirloskar Group, will start the exercise from next month and will contact the respective customers, check and change the part, if necessary, free of cost.
The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand.
The probe agency has issued summons to Samal and his son Prayaskanti in connection with Barapada Engineering College land irregularities, they added.
The measures government takes next to push economic growth will be the key for automotive sector
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year.
Conciliatory talks between Toyota Kirloskar management and the union on Thursday failed to reach any conclusive stage as the former sought time till January 16 to contemplate the suggestions of the labour department.
'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
Hino Motors Corporation, a Toyota Group company, said on Monday it would launch luxury buses for Indian roads by December. The Indian arm, Hino Motors Sales India Pvt Ltd, has also set a target to sell 700-800 units of heavy trucks and buses before March 2010 and plans to double it by next year.
The company, which is present in India through a joint venture with the Kirloskar Group, is investing Rs 1,650 crore.
'An additional amount of around Rs 15.53 billion will be invested for both general-purpose and specialised equipment necessary for manufacturing a new compact vehicle, ' the company said in a statement. The company had earlier said it would invest about Rs Rs 16.5 billion on its second plant in Bangalore, which would manufacture its 'strategic small car' to be launched by 2010-11. The new plant will have an initial capacity of 1,00,000 units.
Toyota Motor Corporation President Katsuaki Watanabe called on Prime Minister Manmohan Singh on Monday, even as the company continues to hold close to the chest cards regarding plans of its second manufacturing unit in India. Official sources said Watanabe, who led a delegation including TMC Managing Director Akira Okabe, briefed Singh generally about the company.
The company, which is present in India through a joint venture with the Kirloskar Group, said it expects to produce and sell 210,000 units next year.
