K K Swamy is between jobs. After spending a little over a decade running Toyota Kirloskar Motors as its deputy managing director, he made a quiet exit a month ago to move to Volkswagen India as its first managing director. He is moving lock, stock and barrel from Bangalore to Pune, where he is set to take charge on July 21.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
Toyota Kirloskar Motor Pvt Ltd on Tuesday launched its premium sports utility vehicle, the Toyota Land Cruiser in Mumbai.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
Auto major Toyota Motors on Tuesday said it is studying the Indian market to launch its eco-friendly car 'Prius', but felt the current duty structure on completely built units CBUs would double the price of the vehicle.
Japanese car major Toyota Motor Corp is reported to be planning an investment of $330 to 420 million (about Rs 1,890 crore) for setting up a small car plant near its existing facility in Bangalore.
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.
Japan's biggest carmaker Toyota Motor Corp is considering an investment of Rs 1,500 crore
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
Toyota Kirloskar Motor on Wednesday signed leading Bollywood actor Aamir Khan as brand ambassador to promote its utility vehicle Innova in India.
It is the global leader in car sales but in India, is a distant fifth.
Toyota Kirloskar Motors plans to sell 45,000 units of its newly launched passenger car 'Innova' in 2005, with 4500 units in the first month itself.
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
Toyota Kirloskar Motor is considering 1 to 2 per cent increase in prices of all its products - Toyota Innova, Corolla, Camry and Prado.
Japanese auto major Toyota Motors Corporation Ltd said on Tuesday that it has begun exporting transmission equipment, manufactured at its dedicated plant in Bangalore, to seven Toyota plants across the world
The company aims to contribute a sizeable portion of the Indian passenger car market by 2025, by when it expects the market to touch 10 million units.
Toyota Kirloskar Motor achieved cumulative sales of 5,600 units of Toyota vehicles, led by Toyota Innova and Corolla, in June 2005, up by 36 per cent over the corresponding period last year.
Passenger vehicle majors like Hyundai, Tata Motors, M&M, Toyota Kirloskar and Honda on Wednesday reported growth in domestic sales in August riding on festive sentiments, although market leader Maruti Suzuki posted a decline amid a semiconductor shortage affecting the industry. The country's largest carmaker Maruti Suzuki India Ltd (MSIL) reported domestic sales at 110,080 units, as compared to 116,704 units in the same month last year, down 6 per cent. "Sales volume of the company in August 2021 was affected due to electronic components shortage.
Japanese car major Toyota Motor Corporation plans to set up an engine assembly plant in the country and has sought government approval for the proposed venture.
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.
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 country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
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
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