Toyota Kirloskar Motor expects auto industry growth to pick up only in the third quarter of this year as consumers would try to understand the new BS-VI technology and associated cost increases when it is implemented in April, according to a senior company official.
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 such as Fortuner by the end of this month or early February.
"At least for the first two quarters, for the customers it is going to be understanding of