After the GST rate rationalisation customers can expect price drops across various cars and SUVs in Toyota’s portfolio.
Its shares fell by as much as 2.4 percent in Tokyo afternoon trade before recovering off lows.
Hybrid cars are known for their fuel-efficient nature with the mass-market models easily delivering a mileage of over 20 kmpl.
US President Donald Trump Trump struck an upbeat tone about a deal with India, telling reporters: "India is coming along great. I think we'll have a deal with India."
Toyota said it wanted to retain all eight of its European factories through the transition to electric cars.
The Chief Minister further underscored Madhya Pradesh's position as India’s second-largest manufacturer of trucks and buses, and the third-largest manufacturer of cars.
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A deal would effectively consolidate the Japanese auto industry into two main camps: One controlled by Honda, Nissan and Mitsubishi and another consisting of Toyota group companies
In this video, we take a quick look at the new ninth-generation Toyota Camry. We take you through the new design, the changes that have been made on the inside, the features that are on offer, as well as the back seat experience. We also give you details of the new hybrid powertrain and prices.
The Japanese carmaker’s cautious approach to fully electric vehicles, focusing on hybrids instead, is a smart bet and aligns well with Trump’s approach, the article says
Maruti Suzuki which is majority-owned by Suzuki Motor, will begin production of the EV from spring 2025 in its plant in Gujarat
Earlier this month, Panasonic Holdings announced it would end its 37-year contract as a top sponsor after it became an official partner of the Olympic Games in 1987.
Toyota’s global sales and production figures include its Lexus luxury brand.
Almost three decades after launching the Prius, its pioneering gasoline-electric hybrid, Toyota is moving to convert most, and eventually maybe all, of its Toyota and Lexus line-up to hybrid-only models
India registered 4.2 million car sales in its 2023-24 financial year, with hybrids and EVs accounting for fewer than 100,000 sales each
The automaker had reported dispatch of 21,911 units in both domestic and exports in the same month last year.
The company has inked a Memorandum of Understanding (MoU) with the Maharashtra government to examine the setting up of a greenfield manufacturing facility at Chhatrapati Sambhaji Nagar, Toyota Kirloskar Motor (TKM) said in a statement.
The company's total dispatches to dealers increased by 40 per cent last month to 27,474 units, as compared to 19,608 units in June 2023.
Almost all of the Tokyo Stock Exchange's 33 industry groups declined, led by a 3.5% slump for real estate.
The vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently over fraudulent certification tests for vehicles, a major embarrassment for a company that prides itself on a reputation for excellent quality.
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Last month, domestic sales stood at 23,959 units while exports were 1,314 units.
The automaker had dispatched 15,510 units to its dealers in April 2023.
The Urban Cruiser Taisor is the sixth offering under the Toyota-Maruti partnership, which marks the former’s re-entry in to the sub-4m SUV segment.
The company, which sells models like Innova and Fortuner, on Wednesday expanded its range in the country with the introduction of entry-level SUV Urban Cruiser Taisor.