Page 6 - Toyota Kirloskar Motor

Automobile sales skid in May as coronavirus second wave bites hard

Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 1,42,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year. Sales of compact segment vehicles, including Swift, Celerio, Ignis, Baleno and Dzire, declined by 72 per cent to 20,343 units from 72,318 cars in April. Likewise, utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, declined ..

Toyota reports sales of 707 units in May as lockdown, curbs hit dispatches

Toyota Kirloskar Motor reported total sales of 707 units in May amid the prevailing lockdowns and restrictions in several parts of the country due to coronavirus pandemic

Toyota extends warranty, free service periods amid Covid-19 pandemic

Toyota Kirloskar Motor said it has extended vehicle warranty and customer-paid extended warranty period by one month in the states where restrictions have been imposed by the government

Automakers fear dent in sales as Covid-19 cases rise in India: Details here

Leading automobile companies like Maruti Suzuki India (MSI), Toyota Kirloskar Motor and Honda Cars fear dent in sales as Covid-19 cases surged across the country

Toyota Kirloskar sells 15,001 units in March, highest in the month in 8 yrs

Toyota Kirloskar Motor on Thursday said it sold a total of 15,001 units in March, registering the highest ever domestic sales in the month of March since 2013

Labour strike ends at Toyota Kirloskar Motor's Karnataka plant

Toyota Kirloskar Motor (TKM) on Tuesday said the labour strike at its Bidadi-based manufacturing plant in Karnataka has come to an end. In November last year, the automaker hadto declare a lockout at the facility following workers' union members resorting to a sit in strike at the factory premises to protest against the suspension of a worker. "The TKM Employee's Union has officially called off the ongoing labour strike...Although a majority of members from a total of 3,350 employees had already voluntarily resumed work earlier, the labour strike that has been continuing has now officially come to an end today," TKM said in a statement. The company said that the Karnataka government and the Department of Labour, played a crucial role in facilitating the reconciliation, between all parties. On March 1, TKM accepted the undertaking given by union leaders on behalf of the members. The company has also made a final appeal to all the other members to return to work by March 5 and ensur

Toyota starts New Year on a positive note, Jan domestic sales surge 92%

Toyota Kirloskar Motor (TKM) on Sunday reported 92 per cent increase in domestic sales at 11,126 units in January.

Toyota Kirloskar Motor lifts lock-out at Karnataka plant after 2 months

The employees' union, however, claims that of 3,500 workers, only 300 have rejoined while rest continue to protest

Top headlines: SC puts farm laws on hold; WhatsApp explains policy change

After nearly two months of lock-out, Toyota Kirloskar Motor has resumed operations at its Bidadi plant, First consignment of Covishield vaccines left Serum Institute of India for rollout

Expect 2021 to be better in terms of sales: Toyota Kirloskar Motor

The company witnessed a 6 per cent rise in wholesales in the December quarter, reporting a 14 per cent rise in December wholesales at 7,487 units against 6,544 in December '19

Honda Motorcycle announces its first-ever VRS amid weak two-wheeler demand

Scheme offered to the 40-plus or those with 10 years in the company

In pictures: Toyota Kirloskar Motor launches new Fortuner in India

Toyota launched the new version of its premium SUV Fortuner, priced between Rs 29.98 lakh and Rs 37.43 lakh (ex-showroom Delhi)

Toyota Kirloskar posts 14% growth in India sales at 7,487 units for Dec

Toyota Kirloskar Motor (TKM) on Friday reported 14 per cent growth in its domestic sales to 7,487 units in December 2020. The car maker had sold 6,544 vehicles in December 2019. "As we wrap up the year, we are happy to have registered a 14 per cent growth in wholesales in December 2020, when compared to sales in the same period in 2019," said Naveen Soni, Senior Vice President, Toyota Kirloskar Motor (TKM). He said customer orders have been rising significantly and retail sales (dealer's sale to customers) have also been very encouraging which gives the company confidence to embark upon a new target as it welcomes the New Year 2021. "We have also managed to retain more than 6 per cent growth in wholesales in the last quarter of calendar year 2020, when compared to the last quarter of 2019," he added. December witnessed a few adjustments in terms of production, due to new model launches as well as year model changes, Soni said, adding, "This also included our efforts to exhaust the

Can Toyota Kirloskar-workers' standoff be test case for labour reforms?

Labour unrest is not new to this 23-year-old plant - there have been at least four since it was set up, with one lockout in 2014 stretching for over a month

Toyota to bring in compact SUV 'Urban Cruiser' during festive season

Besides Vitara Brezza, the model would compete with the likes of Hyundai Venue, Tata Nexon and upcoming products from Kia Motors and Nissan

Toyota looks at localisation to de-risk business from supply chain crisis

The auto major also plans to locally manufacture hybrid systems in the country

Toyota Kirloskar sales decline 48% in July; Hyundai records 28% drop

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President said

Toyota staff Covid-positive, cases at Bidadi manufacturing unit up to 14

The company confirms the emergence of a new case of Covid-19 with the employee concerned having last attended the work on July, 3, TKM said in a statement on its website.

India Inc walking a tightrope on production first and employee safety

Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less

Toyota's Bidadi plant suspends work for a day after worker dies of Covid-19

In line with the government guidelines, the company has quarantined the employees suspected of having primary or secondary contact with the deceased until June 23