At present, the Urban Cruiser is priced between Rs 8.88-11.58 lakh while the Glanza is tagged at Rs 6.39-9.96 lakh (ex-showroom Delhi), depending on the variants.
"As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers," said TKM Spokesperson in a statement
The news comes about a week after Toyota said it would scale back domestic production by up to 20 per cent during the months of April, May and June
The Japanese business daily Nikkei reported Tuesday the problem was ransomware
Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. However, Tata Motors and Skoda Auto India posted huge jump in their domestic wholesales during the month. Maruti Suzuki India's domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact," MSI said in a statement. Similarly, Hyundai Motor India Ltd reported a 15.35 per cent drop in its domestic sales to 44,022 units last month against 52,005 units in January 2021. In contrast, Tata Motors' total passenger vehicles sale was higher at 40,777 units last month as compared to 26,978 units
The vehicle being developed with the Japan Aerospace Exploration Agency is called Lunar Cruiser
The carmaker said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors
Toyota launched new version of its premium sedan Camry Hybrid in the country priced at Rs 41.7 lakh (ex-showroom).
The masters of mass production laid out plans to splurge $170 billion over the coming years to preserve their claim on an industry they've dominated
Toyota and Suzuki are looking to make close to 114,000 units of the model per year
By 2030, Toyota is aiming for annual sales of 3.5 million BEVs, CEO Akio Toyoda told a news briefing, equivalent to around a third of its current global sales
Toyota Kirloskar Motor (TKM) on Wednesday said its domestic wholesales increased by 53% to 13,003 units in November.
The 10,993 sq m facility has a capacity to scrap and recycle over 24,000 ELVs annually
Like other global automakers, Toyota has been forced to cut output due to the chip shortage
Expect spares for sedan for next 10 years; rebadged Ciaz roll-out soon
The Japanese car maker now expects to build 9 million vehicles in the year to March 31, rather than 9.3 million
Automakers from Toyota Motor Corp. to General Motors Co. have been ensnared by the chip shortage, forcing many to cut vehicle output
The world's largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is now moving rapidly to deliver its first all-electric line-up next year.
In a YouTube video, Toyota Chief Executive Akio Toyoda apologized for the incident and said he offered to meet the person but was unable to do so
Japan's top-two automakers joined a host of global car makers, including BMW, Stellantis in warning that shortage in chips was likely to persist, as post-lockdown auto demand booms in markets