Toyota Kirloskar Motor

Toyota Kirloskar Motor is recalling 11,529 units of its mid-sized SUV Urban Cruiser Hyryder to inspect and replace a dashboard component. The voluntary recall campaign is to inspect and replace the Combination Meter, if found faulty, in 11,529 units manufactured between December 9, 2024, and April 29, 2025. In line with its customer first philosophy and unwavering commitment to the highest quality standards, the automaker will continue to promptly address customer concerns and aim to deliver peace of mind by resolving issues quickly and conveniently, TKM said in a post on its Website. Toyota dealer representatives will contact affected customers, it added. In October, the company recalled Camry, Vellfire and Land Cruiser to reprogramme the Parking Assist ECU software.

Toyota Kirloskar Motor and Maharashtra's Directorate of Vocational Education and Training (DVET) on Thursday signed an agreement to establish well-equipped laboratories in 45 Industrial Training Institutes (ITIs) across the state to strengthen automotive skills training. The agreement was signed by Toyota Kirloskar Motor senior vice-president Vikram Gulati and DVET director Madhavi Sardeshmukh at Mantralaya (state secretariat) in the presence of Skill Development Minister Mangal Prabhat Lodha. Speaking on the occasion, Lodha said the agreement would enhance training quality and create employment opportunities for students. "This partnership will offer world-class training and open global job prospects for our youth," he said. As part of the agreement, Toyota Kirloskar Motor will set up advanced laboratories for Light Motor Vehicle (LMV) technician courses in 45 ITIs and train instructors appointed to these facilities. The initiative is expected to benefit around 8,000 ITI students

Toyota Kirloskar Motor hailed revised CAFE norms as balanced, saying they support all green pathways including ethanol, flex-fuel, hybrids and EVs while boosting farmer incomes

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Maruti Suzuki India on Tuesday reported a 3 per cent year-on-year increase in total sales at 1,92,984 units in March. The auto major sold a total of 1,87,196 units in the same month last year. Total domestic passenger vehicle dispatches to dealers were at 1,50,743 units compared to 1,52,718 units in the year-ago month, a dip of 1 per cent, Maruti Suzuki India (MSI) said in a statement. Sales of mini segment cars, comprising Alto and S-Presso, declined marginally to 11,655 units against 11,829 units in March 2024. Sales of compact cars, including Baleno, Dzire, Ignis, and Swift also declined to 66,906 units from 69,844 units in the year-ago month. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga and XL6, clocked sales of 61,097 units last month over 58,436 units earlier. Sales of van Eeco were at 10,409 units last month against 12,019 units in March last year, while that of light commercial vehicle Super Carry stood at 2,391 units over 3,612 units earlier. MSI said it

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Toyota Kirloskar Motor on Saturday said its sales increased by 19 per cent year-on-year to 29,371 units in January. The company had dispatched 24,609 units in the same month last year. The company sold 26,178 units in the domestic market and exported 3,193 units last month. The continued momentum underscores the company's sharp focus on customer centricity, enhancing customer access across the country and increased emphasis on innovative value-added solutions, Toyota Kirloskar Motor (TKM) said in a statement. "In 2025, our efforts are to further strengthen the company's foothold in India. We will continue to optimise customer centricity through value-added services and seamless after-sales support, all aimed at creating delightful experiences," TKM Vice President Sales-Service-Used Car Business & Profit Enhancement Varinder Wadhwa said. The automaker's product strategy will be driven by the deep philosophy of a multiple pathway approach that strives to offer something to everyone

Toyota Kirloskar Motor on Wednesday reported 29 per cent increase in sales at 29,529 units in December 2024 as compared to 22,867 units in the same month a year ago. The company sold 24,887 units in the domestic market and exported 4,642 units last month, Toyota Kirloskar Motor (TKM) said in a statement. The company said it recorded its best-ever calendar year sales in 2024 at 3,26,329 units. This was higher by 40 per cent as compared to 2,33,346 units sold in 2023. "The SUV and MPV segments being key contributors grew at 20 per cent over the same period last year. We are also observing a growing shift of consumer preferences towards vehicles offering sustainability, value proposition of dependability quotient, enhanced safety and better resale value which is boosting our sales," TKM Vice President, Sales-Service-Used Car Business, Sabari Manohar said. On the outlook, he said,"Given the existing trend, we are confident of further consolidating our market position thus playing a ..

In the first eight months of this financial year, TKM sold 219,054 units and achieved a growth of 39 per cent year-on-year (Y-o-Y)

But heavy competition from Chinese brands in the world's biggest auto market, and a now-resolved production suspension of two models in the U.S. have started slowing its sales momentum in recent month

Ratan Tata championed innovations that are helping build a better tomorrow, auto industry body SIAM said on Thursday while paying homage to the eminent industrialist who passed away on Wednesday night. "Indian automobile industry is deeply saddened with the passing away of Shri Ratan Tata, a towering figure, who has played a stellar role in bringing the Indian auto industry to the global stage," Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said in a statement. A great humanist, visionary and leader, he championed innovations that are helping build a better tomorrow, he added. Hero MotoCorp Executive Chairman Pawan Munjal termed Tata as a visionary leader and ethical statesman. "I am deeply saddened by the passing of Shri Ratan Tata. His unparalleled contributions as a visionary leader and ethical statesman have left an indelible mark on our nation," he stated. Munjal further said, "Tata's commitment to integrity and innovation not only transformed .

Major car makers such as Maruti Suzuki India and Toyota Kirloskar Motor have been asking for lowering of taxes on hybrid cars

Toyota Kirloskar Motor on Friday said it has signed a memorandum of understanding (MoU) with Union Bank of India for providing vehicle financing solutions. Under the partnership, customers can get up to 90 per cent financing on the on-road price of any Toyota vehicle purchased for private use, exempting them from any foreclosure, or part-payment charges, the company said in a statement. Besides, private vehicle customers can opt for flexible tenures up to 7 years with interest rates starting from 8.8 per cent per annum. At present, commercial vehicle customers can opt for flexible tenures up to 5 years with competitive rates, it added. "This collaboration signifies our dedication to providing exceptional customer experiences by simplifying and making vehicle financing more accessible. Our goal is to streamline financing options, offer seamless experiences, and provide timely support to make the vehicle purchase process enjoyable," Toyota Kirloskar Motor (TKM) Vice President, ...

Plan to roll out 400,000 electric, hybrid cars a year

Toyota Kirloskar Motor (TKM) on Wednesday signed an agreement with the Maharashtra government to manufacture electric and hybrid cars, which Chief Minister Eknath Shinde said would revolutionise the automobile sector. The MoU (Memorandum of Understanding) was signed at Sahyadri Guest House in Mumbai. The company has inked the MoU to examine the setting up of a greenfield manufacturing facility at Chhatrapati Sambhaji Nagar, Toyota Kirloskar Motor (TKM) said in a statement. "Under the project, 4 lakh electric and hybrid cars are expected to be manufactured every year with an investment of Rs 20,000 crore, generating 8,000 direct jobs and indirect employment for 8,000. This project will revolutionise the automobile sector," Shinde said. Deputy Chief Minister Devendra Fadnavis stated: "Transforming Maharashtra, Developing Marathwada! Reaffirming its commitment to India; Toyota Kirloskar Motors is set to launch a Green Field Manufacturing Facility in Maharashtra!" He said 850 acres of

Automaker Toyota Kirloskar Motor on Wednesday said it will set up a new manufacturing plant in Maharashtra at an investment of around Rs 20,000 crore. The company has inked a Memorandum of Understanding (MoU) with the Maharashtra government to examine the setting up of a greenfield manufacturing facility at Chhatrapati Sambhaji Nagar, Toyota Kirloskar Motor (TKM) said in a statement. Headquartered in Karnataka, TKM already has two manufacturing units located at Bidadi near Bengaluru. In Karnataka, the automaker, including its group companies, has invested more than Rs 16,000 crore and created close to 86,000 jobs in the entire value chain, it said. Toyota's cumulative export contributions also stand at around Rs 32,000 crore thus representing the company's export focus, it added. "Today's MoU signing marks a pivotal point as we stride into the next phase of growth in the country enabling us to contribute to enriching lives with qualitative mobility solutions locally and globally,"

Gulati advocated for equalising the absolute tax, in rupee terms, on avg strong hybrid cars with that of avg petrol cars. This change, he argued, would promote hybrid vehicles, which emit less carbon

Toyota Kirloskar Motor aims to expand its used car business across key cities, as per a senior company official. The automaker on Friday inaugurated its first company-owned Toyota Used Car Outlet (TUCO) in New Delhi under brand name Toyota U-Trust. "With the Indian used car market projected to grow at a CAGR of 8 per cent and currently being 1.3 times the size of the new car market, the sector holds significant growth potential," Toyota Kirloskar Motor Vice President Takashi Takamiya said. The company's expansion in Delhi and plans for more outlets across key cities underscore the strategy to create a seamless, transparent, and reliable used car market for customers, he added. TKM had forayed into the used car business in 2022 with the opening of an outlet in Bengaluru.

Toyota Kirloskar Motor on Wednesday said its wholesales increased 32 per cent year on year to 20,494 units in April. The automaker had dispatched 15,510 units to its dealers in April 2023. The growth momentum was sustained despite a week-long maintenance shutdown from April 6 for upkeep of machinery and equipment to sustain operational efficiencies, productivity and safety, the company said in a statement. Last month, the company said its domestic sales accounted for 18,700 units while exports totalled to 1,794 units. "Our product strategy resonates the strong connect with the market thanks to the diversified portfolio," Toyota Kirloskar Motor Vice President, Sales-Service-Used Car Business Sabari Manohar said.