Toyota

After E20, India should now focus on flex fuel: Toyota country head

Toyota's India head says the country should now push flex-fuel vehicles, calling for lower taxes and pricing support as E20 stabilises and higher blends prove impractical for legacy fleets

Using Toyota's 'Mirai' car running on futuristic hydrogen fuel: Gadkari

Amid air pollution in Delhi, Road Transport and Highways Minister Nitin Gadkari on Thursday said the central government is giving priority to alternative fuels, and he has started using Toyota's 'Mirai' hydrogen fuel-cell car. "The futuristic fuel is hydrogen.. I have also got a car, which is hydrogen, and the car is from Toyota ... It gives the same comfort as Mercedes. The name of the car is Mirai, which is a Japanese word meaning future," Gadkari said during Question Hour in the Lok Sabha. The Union minister said the import of fossil fuel is costing India Rs 22 lakh crore, and it is also creating a lot of pollution. "Because of pollution, you are all facing the crucial problem; I am also facing the problem in Delhi," he said, as he expressed confidence that as India moves to alternative fuel, the country will become a net exporter of energy. During 202425, India imported around 300 million metric tons of crude and petroleum products and exported about 65 million metric tons. Th

Toyota recalls 11,529 Urban Cruiser Hyryders over dashboard component issue

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 to launch 15 new models in India, targets 10% market share by 2030

There are likely to be at least two new SUVs from Toyota's own brand, which will be designed to take on leading SUV-makers like Mahindra & Mahindra and Hyundai Motor

Tokyo auto show highlights technology but Trump's tariffs loom large

The Tokyo Mobility Show is highlighting more than just cars or the types of fuel they use from electric to hydrogen, but also various kinds of futuristic transport. Think scuttling robotic chairs, like the Uni-One from Honda Motor Co. The Tokyo-based maker of the Accord sedan says it is all about personal mobility as a mode for quick transport by 2035. Just sit on the boxlike machine as it zips around quietly. Toyota Motor Corp. showed a helicopter-like aircraft with six propellers, which was still in development in cooperation with US aviation company Joby. Such gadgetry, as well as more regular vehicles, are on display at the show, which runs through November 9 at Tokyo Big Sight exhibition space. It was previewed to media Wednesday, ahead of its opening to the public Thursday. Looming in the backdrop of the fanfare is the threat of auto tariffs under US President Donald Trump, raised to 15 per cent from 2.5 per cent, although an improvement from the 25 per cent he slapped on ...

Toyota arm keeping 150 million cars on road emerges as top earner

Toyota sold 10.8 million cars in 2024, a slight drop from the previous year but more than enough to surpass Volkswagen AG and maintain its title as the world's biggest carmaker for a fifth year

Toyota claws back China market share with $15,000 electric vehicle launch

The world's biggest carmaker notched another bumper month of sales in August, putting it on track for its first annual growth in China in four years

Toyota slashes FY26 forecast, warns of $9.5 bn hit from US tariffs

The world's biggest carmaker now sees ¥3.2 trillion in operating income for the fiscal year ending in March 2026

CleanMax, Toyota Tsusho India join hands to develop 300 MW green capacity

Renewable energy solutions provider CleanMax and Toyota Tsusho India have joined hands to develop 300 megawatt capacity of renewable energy projects in India. The new partnership aims to leverage synergies between both companies to develop and operate renewable energy projects for Japanese corporates in India, CleanMax said in a statement. The companies aim to set up the capacity by 2028. The partnership will provide comprehensive green energy solutions tailored to each company's needs, including rooftop solar projects, stand-alone ground-mount solar or wind projects, wind-solar hybrid projects and carbon credits. Kuldeep Jain, Founder & Managing Director, CleanMax, said, "The partnership...solidifies CleanMax's strategy around global collaborations focused on helping corporations reduce their carbon footprint, while enabling the company to achieve its growth targets in a more capital-efficient manner." Clean Max Enviro Energy Solutions Private Limited (CleanMax), a ...

Rare earth magnet shortage will be resolved soon: Toyota's Vikram Gulati

India's automobile industry is currently facing a rare earth magnet shortage after China -- which supplies over 80 per cent of India's magnet imports

Toyota shareholders vote to reappoint Akio Toyoda as chairman of group

Although major proxy advisers backed Toyoda's reelection, reversing their stance after voting against him in 2024, investors got a chance to air their grievances

Toyota Industries receives $33 billion buyout offer from group companies

The deal includes a tender offer for Toyota Industries shares at ¥16,300 each, 11% below its last closing price

Toyota Motor's sales rise 22% to 30,864 units in May on strong demand

Toyota Kirloskar Motor on Sunday said its sales increased 22 per cent year-on-year to 30,864 units in May. The company's wholesales to dealers in the domestic market stood at 29,280 units last month while exports were at 1,584 units. In May 2024, TKM had sold a total of 25,273 units. "With the onset of monsoon and forecasts indicating a normal to above-normal season, we remain optimistic about improved market sentiment in the coming months, particularly across rural and semi-urban regions," Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said in a statement. With this, backed by vast product portfolio and innovative campaigns, the company is well-positioned to maintain the growth trajectory, he added.

KG Motors looks to kickstart Japan's electric-vehicle market with Mibot

KG Motors has developed a battery-powered one-seater that more resembles a futuristic golf cart than it does a modern EV, much less a traditional car

Toyota to shift some GR Corolla production to UK, eyes faster US deliveries

By shifting some production from Japan, Toyota aims to use excess capacity in Britain to help it cut delivery wait times for the car

Toyota faces biggest hit from Trump tariffs among global automakers

The huge tariff hit reflects the company's decision to hold the line on sticker prices at US dealers and production volumes at its 11 American factories amid the start of bilateral trade negotiations

Toyota posts strong sales but remains cautious on profit amid rising costs

Japan's top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal. Toyota Motor Corp.'s January-March net profit totalled 664.6 billion yen (USD 4.6 billion), down from 997.6 billion yen the same period a year ago. Quarterly sales totalled 12.36 trillion yen (USD 85.9 billion), up from 11 trillion yen. Toyota has been strengthening the testing system of its vehicles after acknowledging wide-ranging fraudulent testing, including the use of inadequate or outdated data in crash tests, incorrect testing of airbag inflation and engine power checks. Akio Toyoda, Toyota's chairman and the grandson of the automaker's founder, has apologised. The wrongdoing did not affect the safety of vehicles already on roads, which include the popular Corolla subcompact and Lexus luxury vehicles. But the scandal has been a major embarrassment for a manufacturer whose brand has been ...

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal

Toyota Industries said this weekend there was at this moment no buyout proposal by the Toyota group or the family, adding it has received various proposals

Toyota chairman proposes record buyout of its supplier at $42 bn valuation

The proposal values Toyota Industries at ¥6 trillion ($42 billion), about 40% above its market cap as of Friday's close, reflecting its role in textiles and auto parts

Toyota eyes volume growth this financial year on sales infra push, SUVs

Toyota Kirloskar Motor aims to maintain sales volume growth in the current fiscal with plans to expand the sales network and introduce new models, according to a senior company executive. The automaker, which reported record sales in the last fiscal, expects demand for its SUVs and MPVs to remain robust in the ongoing financial year. In an interaction with PTI, Toyota Kirloskar Motor Vice President (Sales-Service-Used Car Business) Varinder Wadhwa said the automaker plans to increase its production capacity and explore electrification, including the introduction of battery electric vehicles as part of its commitment towards carbon neutrality. "We believe, with the kind of product portfolio we have now, right from the small cars to the flagship offering, increased production capacity and our network which is further going to be enhanced in tier II, tier III market...all this will further help the company to consolidate and help play a bigger role in the Indian automobile market," he