Page 3 - Toyota

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

Toyota cuts annual car production target on parts and chips shortages

The Japanese car maker now expects to build 9 million vehicles in the year to March 31, rather than 9.3 million

Chip crunch may last a year as demand remains robust, says IMI CEO

Automakers from Toyota Motor Corp. to General Motors Co. have been ensnared by the chip shortage, forcing many to cut vehicle output

Toyota to spend $13.5 billion to develop EV battery tech and supply by 2030

The world's largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is now moving rapidly to deliver its first all-electric line-up next year.

Toyota halts self-driving e-Palette vehicles after Olympic village accident

In a YouTube video, Toyota Chief Executive Akio Toyoda apologized for the incident and said he offered to meet the person but was unable to do so

Toyota, Honda beat profit estimates but are wary of extended chip crunch

Japan's top-two automakers joined a host of global car makers, including BMW, Stellantis in warning that shortage in chips was likely to persist, as post-lockdown auto demand booms in markets

Toyota-backed self-driving startup Pony.ai considers going public

The startup, active in the United States and China, plans to install its technology in hundreds of vehicles next year, rising to tens of thousands in 2024-2025

Maruti, Toyota, M&M remain bullish on long-term growth of used car business

Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the business activities across the country. The companies remain a bit circumspect regarding the near-term situation owing to the pandemic but expect the segment to grow on a long-term basis with personal mobility gaining acceptance amid the coronavirus pandemic. "It is very difficult to predict how used car business will perform this fiscal year due to COVID situation. Demand for such cars is there in the market but there is pressure on their availability because of restrictions across states on account of lockdowns and curfews," MSI Executive Director (Sales and Marketing) Shashank Srivastava told PTI in an interaction. The auto major currently has 570 True Value outlets across the country where it certifies the pre-owned cars it .

Maruti, MG Motor and Toyota extend free service, warranty amid Covid-19

The MG customers will now be able to avail their schedules until July 31, 2021

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

Toyota's profit soared in Jan-March qtr to $7 bn amid Covid-19 pandemic

Toyota reported its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese automaker's sales recovered from the pandemic

Toyota acquires US-based Lyft's autonomous car division for $550 million

Toyota is acquiring the autonomous car division of ride-hailing platform and Uber rival Lyft for $550 million, as the self-driving car industry begins to grow

Toyota partners with fuel giant Sasol to pioneer hydrogen-powered mobility

Japanese automotive manufacturer Toyota has partnered with South African fuel giant Sasol to develop a green hydrogen-powered mobility ecosystem

Toyota Kirloskar to hike vehicle prices from April to offset input cost

The increase is necessitated to offset the substantial increase in input costs, it added

Japan car makers scramble to assess impact of Renesas auto chip-plant fire

Toyota, Nissan, Honda and other Japanese automakers scrambled to assess production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate global semiconductor shortage

Toyota domestic sales increase 36% to 14,075 in February at 14,075 units

"We started the year on a positive note and the trend continues as we close the second month of the year, clocking a growth of 36 per cent"

Toyota hikes profit forecast 54%, shrugs off global chip supply issues

Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips

Toyota, Denso team with Aurora on self-driving cars for Uber, others

Aurora's new agreement with Toyota and Denso expands on the earlier collaboration between the two Japanese companies and Uber ATG

Toyota beats Volkswagen to become world's top selling automaker in 2020

Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020. That compared with a 15.2% drop at Volkswagen to 9.305 million vehicles

Toyota South Africa to produce new model, creating 500 direct jobs

Toyota South Africa will start manufacturing a new model, the Corolla Cross, in the country this year, creating 500 jobs at its production plant in the east coast town of Durban