Car sales and production have been hit hard in every coronavirus-hit country since factories were shutdown and consumers were forced to stay indoors due to the outbreak.
Toyota Kirloskar Motor (TKM), the joint venture between Japanese auto major Toyota and Kirloskar Group, had introduced Etios sedan in 2010, followed by hatch version Etios Liva in 2011.
The company had introduced its first BS VI compliant petrol variant of Glanza premium hatchback in June 2019
NHTSA is evaluation how susceptible the air bag control units are to electrical signals as well as other factors that could stop air bags from inflating
The investment in Princeton boosts the plant's annual capacity by almost 10% to 420,000 vehicles and focuses production on the conventional mid-size Highlander and a gas-electric hybrid version
The company, which had recently launched the BS-VI version of its popular multi-purpose vehicle Innova Crysta, said it will be rolling out diesel variants of other models by the end of February
Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January. The price increase will be across range of two-wheelers and exact quantum of the hike will vary on the basis of model and specific market, Hero MotoCorp said in a statement. It, however, did not specify reasons for the plan to hike prices. The company currently sells a range of motorcycles and scooters priced between Rs 39,900 to Rs 1.05 lakh. Last week the country's largest car maker Maruti Suzuki India had announced that would hike prices of its vehicles from January to offset rising input costs. Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they were also contemplating a similar move. Hyundai Motor India and Honda Cars India, however, said they would not increase vehicle prices in January, but their products will see rise in prices when BS-VI compliant models are introduced in the market.
Mumbai, 21 NovemberThe Toyota Etios sedan, Etios Cross and Liva hatchback could hit the end of the road once the stringent BS-VI emission norms take effect from April.The high cost of switchover and low volumes have, aver informed souces, prompted Toyota Kirloskar Motor (TKM) to pull the plug on its mass segment models. Now on, Toyota is unlikely to make any model on its own for the mass segment here -- it might instead source from Suzuki's India subsidiary and re-badge these. A spokesperson at Maruti Suzuki India declined to comment. A spokesperson at TKM said the company would "refrain from commenting on the specifics as it pertains to future product plans". Adding that the company was "closely monitoring customer needs and trends" in trying to bring products suitable for the Indian market. In India, as part of the broader agreement between the two Japanese parent entities, Toyota sells the Suzuki Baleno as the rebadged Glanza. It plans to add to its line-up with the re-badged ...
Maruti will set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21 and will add more such units across India
The two firms are looking to introduce the BEV at an early stage, Toyota said without disclosing a time frame
The slowdown in the domestic market has whetted the overseas ambition of the industry
The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving
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A Prius plug-in hybrid that sells for more than 3 million yen offers solar panels as an option
The adverse exchange rate is making the company contemplate an impending price increase which it has been holding as of now, a senior official said.
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The pair earlier this year announced a tie-up to produce electric vehicles and compact cars for each other to better compete with fast-changing technologies in the global auto industry
In addition to the javelin-collecting robot, the manufacturer will have a humanoid robot, a robot to assist disabled spectators, and a telepresence robot that lets people talk with and see each other
Infosys said it would enable remote monitoring and diagnostic capabilities including vehicle access control, system maintenance, condition sensing and location tracking
Toyota has already made investments in various ride hailing tech companies like Uber, Grab