Page 12 - Toyota

Hero MotoCorp to hike prices of two-wheelers by Rs 2,000 from January 1

Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January. The price increase will be across range of two-wheelers and exact quantum of the hike will vary on the basis of model and specific market, Hero MotoCorp said in a statement. It, however, did not specify reasons for the plan to hike prices. The company currently sells a range of motorcycles and scooters priced between Rs 39,900 to Rs 1.05 lakh. Last week the country's largest car maker Maruti Suzuki India had announced that would hike prices of its vehicles from January to offset rising input costs. Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they were also contemplating a similar move. Hyundai Motor India and Honda Cars India, however, said they would not increase vehicle prices in January, but their products will see rise in prices when BS-VI compliant models are introduced in the market.

BSVI emission norms: Toyota to phase out Etios, Liva by April 2020 in India

Mumbai, 21 NovemberThe Toyota Etios sedan, Etios Cross and Liva hatchback could hit the end of the road once the stringent BS-VI emission norms take effect from April.The high cost of switchover and low volumes have, aver informed souces, prompted Toyota Kirloskar Motor (TKM) to pull the plug on its mass segment models. Now on, Toyota is unlikely to make any model on its own for the mass segment here -- it might instead source from Suzuki's India subsidiary and re-badge these. A spokesperson at Maruti Suzuki India declined to comment. A spokesperson at TKM said the company would "refrain from commenting on the specifics as it pertains to future product plans". Adding that the company was "closely monitoring customer needs and trends" in trying to bring products suitable for the Indian market. In India, as part of the broader agreement between the two Japanese parent entities, Toyota sells the Suzuki Baleno as the rebadged Glanza. It plans to add to its line-up with the re-badged ...

Maruti Suzuki, Toyota to set up vehicle dismantling, recycling unit

Maruti will set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21 and will add more such units across India

Toyota plans to launch compact EV in India in partnership with Suzuki

The two firms are looking to introduce the BEV at an early stage, Toyota said without disclosing a time frame

A positive story from the gloom: Automakers ambitious on overseas expansion

The slowdown in the domestic market has whetted the overseas ambition of the industry

Dismal start to US automobile sales sounds alarm that collapse is here

The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving

Top 10 biz headlines: US-India trade deal, merger of insurers, and more

From US-India coming close to a trade deal to govt planning to merge three public insurers, here are the top 10 business headlines for Wednesday

Toyota Motor is trying to figure out how to make a car run forever

A Prius plug-in hybrid that sells for more than 3 million yen offers solar panels as an option

Toyota expects costs of its diesel models to rise by 20% after BSVI upgrade

The adverse exchange rate is making the company contemplate an impending price increase which it has been holding as of now, a senior official said.

Top 10 biz headlines: FDI reforms, Synergy Group eyes 49% Jet stake & more

From the govt easing FDI norms for single-brand retail, digital media, and manufacturing to Synergy Group planning to pick up 49% stake in Jet Airways, here are the top business headlines for Thursday

Toyota, Suzuki to acquire stake in each other, strengthen alliance

The pair earlier this year announced a tie-up to produce electric vehicles and compact cars for each other to better compete with fast-changing technologies in the global auto industry

Self-driving cars to javelin cart: Toyota's robots set for Olympic debut

In addition to the javelin-collecting robot, the manufacturer will have a humanoid robot, a robot to assist disabled spectators, and a telepresence robot that lets people talk with and see each other

Infosys to implement cloud-based telematics solution for Toyota Material

Infosys said it would enable remote monitoring and diagnostic capabilities including vehicle access control, system maintenance, condition sensing and location tracking

Toyota may invest $550 million in China ride-hailing firm Didi: Report

Toyota has already made investments in various ride hailing tech companies like Uber, Grab

Toyota rebukes Trump for sending message that carmaker 'not welcomed' in US

The company said it has spent more than $60 billion building operations in the country, including 10 manufacturing plants

When cruise control isn't fast enough: Toyota needs to see beyond cost cuts

Even if optimistic investors aren't banging the table for growth drivers just yet, it may behoove the company to have a couple of ideas up its sleeve

Get ready to feel the pinch: Toyota to hike prices of cars from April

Toyota, however, did not disclose the models that would become costlier

Moon shot: Toyota Motor Corp, Japan space agency plan lunar mission

'It's an extremely challenging project, and we have high hopes for Toyota's technology', says an astronaut

Toyota sales dip 9% to 12,067 units in January on weak buyer sentiment

The tightening of vehicle financing availability has also added to the challenges in the market

Toyota announces JV with Panasonic to develop batteries for electric cars

The firm will be set up by 2020 and controlled 51-49 per cent by Toyota, the Prius manufacturer said in a statement