Sales fall: Toyota sees big loss

Japan's top automaker Toyota on Monday said it faced an "unprecedented" operating loss of $1.69 billion for fiscal 2008, the first such loss in the company's history, due to dwindling global auto......

No truck with Daihatsu: Toyota

Toyota Motor Corporationsaid on Tuesday the compact car that it plans to roll out in India in 2010 will be its own and not from the stable of Daihatsu Motor Co."No. This (the small car) is very......

Cheap cars: After Tata, auto giants join race

For the past four years, auto enthusiasts in India have been eagerly awaiting the launch of one of the industry's most ambitious projects, Tata Motors' ultra-low-cost car. Ratan Tata, chairman of......

Toyota may double dealership in 2 years

Toyota Kirloskar Motors is planning to double the number of dealership in the country in another two years from the current 48.As a part of the expansion of its sales network, the company would......