Page 3 - Toyota Kirloskar Motor

Toyota Kirloskar Motor to hike prices across entire portfolio from January

Toyota Kirloskar Motor (TKM) on Wednesday said it will increase prices across its entire product portfolio from January, in order to offset the impact of rise in input costs.

Toyota Kirloskar Motor partners with Karnataka Bank for financing solutions

Toyota Kirloskar Motor (TKM) on Monday said it has partnered with Karnataka Bank to finance its vehicles across cities and towns in India. The company has signed a memorandum of understanding with Karnataka Bank, following which the bank will be one of the preferred financiers for the entire range of vehicles sold by TKM. The finance options at competitive interest rates will be available to customers, including those covered under priority sector schemes, for purchasing Toyota vehicles for private and commercial use, TKM said in a statement. "To meet the growing demand and improve the sales experience of our customers in both metros as well as smaller markets, we are looking to further expand the reach of Toyota products across the country with a sharp focus on rural markets," TKM Vice President (VP), Strategic Business Unit R Venkatakrishnan said. With this collaboration, he said, "We have focused on designing innovative schemes to suit the customer needs while also providing eas

Toyota Kirloskar posts 53% increase in Nov wholesales at 13,003 units

Toyota Kirloskar Motor (TKM) on Wednesday said its domestic wholesales increased by 53% to 13,003 units in November.

Toyota Kirloskar ties up with IndusInd Bank for vehicle finance

The finance facility at competitive interest rates will be available to customers, including those covered under priority sector schemes, for purchasing Toyota vehicles

Toyota Kirloskar reports 1% increase in October domestic wholesales

Toyota Kirloskar Motor (TKM) on Sunday reported a 1 per cent increase in domestic wholesales at 12,440 units in October as compared to the year-ago period

Toyota Kirloskar drives in Innova Crysta Limited Edition at Rs 17.18 lakh

Toyota Kirloskar Motor (TKM) on Tuesday said it has launched Innova Crysta Limited Edition, priced between Rs 17.18 lakh and Rs 20.35 lakh (ex-showroom). The petrol trims are priced between Rs 17.18 lakh and Rs 18.59 lakh while the diesel variants are tagged between Rs 18.99 lakh and Rs 20.35 lakh. The limited edition comes with various features like multi terrain monitor, head up display, tyre pressure monitoring system, wireless charger, door edge lighting and air ionizer. "Innova has undisputedly been the leader in the MPV segment since its launch, making it one of our flagship products...It has been our continuous endeavor to constantly upgrade our products in line with the evolving trends, mobility needs and customer preferences," TKM Associate General Manager (AGM), Sales and Strategic Marketing V Wiseline Sigamani said in a statement. The company has sold over 9 lakh Innova units in the country till date.

Toyota Kirloskar posts 14% growth in domestic sales at 9,284 units for Sep

Toyota Kirloskar Motor (TKM) on Friday reported 14 per cent growth in its domestic wholesales to 9,284 units in September as compared with same month last year

Toyota Kirloskar Motor to raise vehicle prices from October

According to the auto manufacturer, the hike has been necessitated to partially offset the increase in input costs

Toyota to hike prices by up to 2% from Oct 1 to offset rise in input costs

TKM on Tuesday said it will increase prices of its entire model range by up to 2 per cent with effect from October 1 in order to partially offset the impact of rise in input costs.

Toyota Kirloskar pulls plug on Yaris sedan after three years as sales dip

Expect spares for sedan for next 10 years; rebadged Ciaz roll-out soon

Top headlines: Organised sector employment up in Q1; RIL eyes Glance

Business Standard brings you the top headlines on Monday

Toyota Kirloskar domestic sales surge two-fold to 12,772 units in August

Toyota Kirloskar Motor on Wednesday reported over two-fold increase in domestic wholesales in August at 12,772 units as compared with August 2020

Toyota Kirloskar to increase Innova Crysta prices by up to 2 from August

Toyota Kirloskar Motor (TKM) on Thursday said it will increase prices of its multi purpose vehicle Innova Crysta by up to 2 per cent with effect from next month.

Toyota joins hands with Karnataka govt to impart industry specific training

Toyota Kirloskar Motor on Friday said it has inked a pact with the Karnataka government for imparting industry-specific skill, culture and knowledge to the Industrial Training Institute (ITI) students

Automobile sales skid in May as coronavirus second wave bites hard

Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 1,42,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year. Sales of compact segment vehicles, including Swift, Celerio, Ignis, Baleno and Dzire, declined by 72 per cent to 20,343 units from 72,318 cars in April. Likewise, utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, declined ..

Toyota reports sales of 707 units in May as lockdown, curbs hit dispatches

Toyota Kirloskar Motor reported total sales of 707 units in May amid the prevailing lockdowns and restrictions in several parts of the country due to coronavirus pandemic

Toyota extends warranty, free service periods amid Covid-19 pandemic

Toyota Kirloskar Motor said it has extended vehicle warranty and customer-paid extended warranty period by one month in the states where restrictions have been imposed by the government

Automakers fear dent in sales as Covid-19 cases rise in India: Details here

Leading automobile companies like Maruti Suzuki India (MSI), Toyota Kirloskar Motor and Honda Cars fear dent in sales as Covid-19 cases surged across the country

Toyota Kirloskar sells 15,001 units in March, highest in the month in 8 yrs

Toyota Kirloskar Motor on Thursday said it sold a total of 15,001 units in March, registering the highest ever domestic sales in the month of March since 2013

Labour strike ends at Toyota Kirloskar Motor's Karnataka plant

Toyota Kirloskar Motor (TKM) on Tuesday said the labour strike at its Bidadi-based manufacturing plant in Karnataka has come to an end. In November last year, the automaker hadto declare a lockout at the facility following workers' union members resorting to a sit in strike at the factory premises to protest against the suspension of a worker. "The TKM Employee's Union has officially called off the ongoing labour strike...Although a majority of members from a total of 3,350 employees had already voluntarily resumed work earlier, the labour strike that has been continuing has now officially come to an end today," TKM said in a statement. The company said that the Karnataka government and the Department of Labour, played a crucial role in facilitating the reconciliation, between all parties. On March 1, TKM accepted the undertaking given by union leaders on behalf of the members. The company has also made a final appeal to all the other members to return to work by March 5 and ensur