First off the block will be a new multi-purpose vehicle (MPV) which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge
Toyota Kirloskar Motor said it has joined hands with Myles Automotive Technologies to expand its car subscription service for individual customers in Delhi NCR, Mumbai, and Bengaluru
The promises of netas and babus and new laws, however well-meaning, mean little. What matters is implementation on the ground
Automobile dealers expect manufacturers to support them in restarting their business and improving profits
However, firm may no longer offer diesel variants in smaller segments
The government needs to listen to business
When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back
Toyota said it remains deeply committed to the Indian market, refuting once again the claims by a senior company official earlier that it would stop further expansion in India over high taxes
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
Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy
The amount is equal to nearly 4% of their combined net sales
Toyota's operating profit plunged 98 per cent to $131.73 million
Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June
The Japanese automaker said its sales in July fell 19% versus the same month in 2019, to 169,484 units
The auto major also plans to locally manufacture hybrid systems in the country
Toyota Kirloskar Motor (TKM) on Monday said it has launched special finance offers and schemes for customers, including 55 per cent buyback scheme for its Yaris and Glanza models, this month.
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.
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
Musk has often taken umbrage at short-sellers and in 2018 sent a box of shorts to hedge fund owner and Tesla short-seller David Einhorn
This comes after a week of economic disruption caused by introducing stringent scrutiny, resulting in shipments originating in China getting held up at Indian ports.