Page 3 - Toyota Motor

Toyota drives in new Fortuner in India with price starting at Rs 29.98 lakh

Toyota Kirloskar Motor (TKM) on Wednesday launched the new version of its premium SUV Fortuner

Bidadi impasse enters Day 16: Toyota rolling out less than 100 units a day

Main production unit at Bidadi running with skeletal staff, producing less than 100 units a day from 450-500 units normally

Toyota Kirloskar logs 12% increase in retail sales on Dhanteras

Toyota Kirloskar Motor has said its Dhanteras retail sales spiked 12 per cent this year as compared to last year and it expects November volumes to be more bullish over the previous month. The automaker in a late evening statement on Friday also said that apart from other factors, pent-up demand coupled with festive season sales have also contributed to the oversales volume of October and November so far. "There has been a 10-13 per cent increase in order taking this year on Dhanteras when compared to the same period last year. Dhanteras in 2020 has been celebrated over two days in various parts of the country and hence in terms of retail sales also, we have witnessed a 12 per cent growth when compared to Dhanteras last year," Naveen Soni, Senior Vice President, Sales & Service, Toyota Kirloskar Motor (TKM) said in the statement. TKM is hoping that sales in November will be more bullish when compared to October sales, he said. Dhanteras is an auspicious day for buying gold, silver

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail

Toyota operates a plant in Derbyshire, central England, and produced roughly 8% of the 1.52 million cars made in Britain in 2018

Harley to GM, India's auto market remains elusive for most global firms

Over the last three years, at least three global brands - Harley-Davidson, being the latest - were forced either to exit or scale down their operations

Toyota launches compact SUV Urban Cruiser, price starting at Rs 840,000

Toyota Kirloskar Motor (TKM) on Wednesday launched its youngest SUV, the all-new Toyota Urban Cruiser, to strengthen its offerings in the segment. The Toyota Urban Cruiser is the second model to be launched in India under the global Toyota-Suzuki alliance following the the premium hatchback, the Toyota Glanza. Priceranges fromRs 840,000 to Rs 11,30,000 (Ex- showroom, Delhi), the company said in a statement. 'Dual Tone', available only in the premium variant of both MT & AT options, are priced atRs 998,000 and Rs 11,55,000, respectively, it was stated. The compact SUVis powered withK-Series 1.5 litre, four- cylinder petrol enginewithchoice of Manual Transmission (MT)/Automatic Transmission (AT), the statement said. AllAT variantsare equipped withadvanced lithium-ion battery with integrated starter generator comprisingtorque assist function, idle start stop function, brake energy regeneration function for enhanced fuel efficiency, the company said.

At up to 50%, cars in India suffer among the highest tax rates globally

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%

Will invest Rs 2,000 crore in India: Toyota Kirloskar Motor vice-chairman

High GST rates taking a toll on volumes, says Viswanathan

In pics: Reliance in Fortune's top 100 global companies; see top 10 list

According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more

Tesla becomes highest-valued automaker as shares surge, overtakes Toyota

Tesla shares gained 5% in early morning trade to a record of $1,133, boosting the company's market cap to $209.47 billion

Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out

Toyota Motor is trying to figure out how to make a car run forever

A Prius plug-in hybrid that sells for more than 3 million yen offers solar panels as an option

Toyota Kirloskar Motor reports 21% decline in sales at 11,544 units in Aug

The company had sold 14,581 units in the same month last year, Toyota Kirloskar Motor (TKM)

The Toyota Camry Hybrid Electric Vehicle blends luxury with practicality

The new Camry Hybrid is priced just a shade lower than the Audi A4

Toyota makes $1 billion ride-hailing bet in Singapore's Grab stake

The Japanese auto manufacturer's investment values Grab, Southeast Asia's largest car-hailing service, at just over $10 billion