Page 11 - Toyota

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98 per cent to $131.73 million

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June

US auto sales recovery amid pandemic continues as Toyota decline slows

The Japanese automaker said its sales in July fell 19% versus the same month in 2019, to 169,484 units

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 launches 55% assured buyback scheme for Yaris, Glanza models

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.

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.

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

After beating Toyota, Tesla mocks shortsellers by selling red satin shorts

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

Relief for pharma firms as govt starts clearing API imports from China

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.

MG Motor India to enter multi-purpose vehicle segment with Hector Plus

The company plans to hire about 200 associates for its Halol plant to ramp up overall production to pre-Covid-19 level

Toyota to hike price of Camry Hybrid & Vellfire models from next month

It has been necessitated due to the 'substantial rise' in exchange rate, the company said in a statement

Auto brands craft their comeback avatars for post Covid-19 world

An already battered set of companies are battling the pandemic through a burst of activity online, hoping to keep their brands on the road after the lock down

Cruise along safely in the Kia Carnival, a suitable car for these times

One-touch door opening and space that allows for adequate physical distance make the Kia Carnival a suitable car even for these times, writes Pavan Lall

Availability of components critical to restart manufacturing: Automakers

It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country

Nissan's car sales in China drop 44.9% in March due to coronavirus

Car sales and production have been hit hard in every coronavirus-hit country since factories were shutdown and consumers were forced to stay indoors due to the outbreak.

Toyota stops sale of Etios, Corolla Altis, plans to bring in new technology

Toyota Kirloskar Motor (TKM), the joint venture between Japanese auto major Toyota and Kirloskar Group, had introduced Etios sedan in 2010, followed by hatch version Etios Liva in 2011.

Toyota Kirloskar Motor says Bidadi manufacturing plant now BS VI compliant

The company had introduced its first BS VI compliant petrol variant of Glanza premium hatchback in June 2019

Air bag woes force Honda, Toyota to recall 6 million vehicles worldwide

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

To boost production, Toyota puts billions into US plants post shift to SUVs

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

Toyota expects auto sales momentum to pick up in third quarter of FY20

The company, which had recently launched the BS-VI version of its popular multi-purpose vehicle Innova Crysta, said it will be rolling out diesel variants of other models by the end of February