The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India
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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
Alternative fuel like ethanol, methanol, bio diesel, electric and bio CNG besides LNG were the fuel for future and should be promoted, he said and added a roadmap was being readied for fuel policy
Haryana government on Sunday announced lockdown in seven districts, including Gurgaon, of the state until March 31
Toyota Kirloskar Motor (TKM) on Monday urged the government to come out with a scrappage policy for old vehicles ahead of the Budget, while also seeking to extend income tax benefits available for electric cars to other vehicles as well. "We would like the Budget to spur demand without putting any additional burden on the government exchequer; one way to achieve this is by realising the scrappage policy for all old vehicles, the draft policy of which has been shared by the government," TKM Senior Vice-President (Sales & Services) Naveen Soni said in a statement. The auto industry is willing to share its portion towards realising such scrappage policy, which will eventually have a more sustainable impact on the environment, he added. Additionally, another thrust area would be to extend the income tax benefits available for electric cars to other vehicles as well, or to extend the depreciation benefit currently available only to companies and professionals to personal customers ...
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
Maruti Suzuki and Toyota to sell these cars locally, export them
Its current hybrid offerings include two top-end luxury sedans - Camry and Prius