Page 5 - Toyota

Wanted: Ear to the ground

The government needs to listen to business

The Modi govt must forget pakoras and let the likes of Toyota create jobs

When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back

Toyota refutes official's claim, says 'deeply committed to Indian market'

Toyota said it remains deeply committed to the Indian market, refuting once again the claims by a senior company official earlier that it would stop further expansion in India over high taxes

Toyota Motors halts expansion plans in India, blames high tax regime

Toyota, one of the world's biggest carmakers, began operating in India in 1997. Its local unit is owned 89% by the Japanese company and has a small market share

Luxury car mkt projected to reach 2018 level by 2022: Lexus India president

Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy

Royalty, technical fee cost Indian units of global auto majors Rs 8,000 cr

The amount is equal to nearly 4% of their combined net sales

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98 per cent to $131.73 million

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June

US auto sales recovery amid pandemic continues as Toyota decline slows

The Japanese automaker said its sales in July fell 19% versus the same month in 2019, to 169,484 units

Toyota looks at localisation to de-risk business from supply chain crisis

The auto major also plans to locally manufacture hybrid systems in the country

Toyota launches 55% assured buyback scheme for Yaris, Glanza models

Toyota Kirloskar Motor (TKM) on Monday said it has launched special finance offers and schemes for customers, including 55 per cent buyback scheme for its Yaris and Glanza models, this month.

Toyota staff Covid-positive, cases at Bidadi manufacturing unit up to 14

The company confirms the emergence of a new case of Covid-19 with the employee concerned having last attended the work on July, 3, TKM said in a statement on its website.

Toyota's Bidadi plant suspends work for a day after worker dies of Covid-19

In line with the government guidelines, the company has quarantined the employees suspected of having primary or secondary contact with the deceased until June 23

After beating Toyota, Tesla mocks shortsellers by selling red satin shorts

Musk has often taken umbrage at short-sellers and in 2018 sent a box of shorts to hedge fund owner and Tesla short-seller David Einhorn

Relief for pharma firms as govt starts clearing API imports from China

This comes after a week of economic disruption caused by introducing stringent scrutiny, resulting in shipments originating in China getting held up at Indian ports.

MG Motor India to enter multi-purpose vehicle segment with Hector Plus

The company plans to hire about 200 associates for its Halol plant to ramp up overall production to pre-Covid-19 level

Toyota to hike price of Camry Hybrid & Vellfire models from next month

It has been necessitated due to the 'substantial rise' in exchange rate, the company said in a statement

Auto brands craft their comeback avatars for post Covid-19 world

An already battered set of companies are battling the pandemic through a burst of activity online, hoping to keep their brands on the road after the lock down

Cruise along safely in the Kia Carnival, a suitable car for these times

One-touch door opening and space that allows for adequate physical distance make the Kia Carnival a suitable car even for these times, writes Pavan Lall

Availability of components critical to restart manufacturing: Automakers

It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country