The company said it has spent more than $60 billion building operations in the country, including 10 manufacturing plants
Even if optimistic investors aren't banging the table for growth drivers just yet, it may behoove the company to have a couple of ideas up its sleeve
Toyota, however, did not disclose the models that would become costlier
'It's an extremely challenging project, and we have high hopes for Toyota's technology', says an astronaut
The tightening of vehicle financing availability has also added to the challenges in the market
The firm will be set up by 2020 and controlled 51-49 per cent by Toyota, the Prius manufacturer said in a statement
Yoshimura said the taxation system in India was 'very complicated'
As per the agreement, Suzuki supplies premium hatchback Baleno and compact SUV Vitara Brezza to Toyota, while Toyota supplies sedan Corolla to Suzuki
Among the models under the microscope: the subcompact Yaris, whose US sales have plummeted this year
The recall, which includes Prius and Auris models, covers vehicles produced between October 2008 and November 2014
The company is implementing this recall in India to inspect engine wire harness and correct, if required, Prius vehicles manufactured between June 2015 to May 2018
Toyota said that in affected vehicles, the wire harness which connects to the hybrid power control unit can come into contact with the covering at the connection point
Chief executive Akio Toyoda and chief financial and risk officer Koji Kobayashi want to follow the example of Tesla, Google and Tencent
Grab, which is headquartered in Singapore, is a leading player in the ride-share industry in Asia, and earlier this year agreed to acquire US giant Uber's regional operations
This has been a difficult year for the company because of GST and increasing pressure on its under-utilised capacities
Toyota Kirloskar Motor (TKM) today reported a 15.32 per cent decline in domestic sales at 10,793 units in December 2017. The company had sold a total of 12,747 units in the same month previous year in the domestic market, TKM said in a statement. TKM exported 812 units of the Etios series in December 2017 compared to 1,346 units in December 2016, a decline of 39.67 per cent. In 2017, the company sold a record 97,000 units in the domestic market, a growth of 5 per cent over 2016. "With maximum utilisation of Plant I capacity to 97 per cent we were able to cater to the increase in customer demand of Innova and Fortuner," TKM Director and Senior Vice President Sales & Marketing N Raja said. He added that sales of Camry Hybrid were negatively impacted with the steep rise in price post applicable tax as per GST framework. "We hope that the new year will bring in positive sentiment in the market for Hybrid. Toyota will continue to have a strong focus on Camry Hybrid in th
Toyota Motor believes the industry has entered a phase of "competition and coordination" that involves entities from other industries
Britain's car industry is increasingly anxious that its exports could face tariffs and other barriers after 2019
It comes on Toyota's plea seeking to restrain a firm from infringing its registered trademarks
Toyota Motor said it will commercialise rehabilitation robots later this year