In March 2018, the two had inked an agreement to supply hybrid and other vehicles to each other in the Indian market
Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have already opened a few outlets, others are awaiting permission
Incentive hikes, credit period extension among steps taken to support them during corona crisis
Supply chain glitches and unavailability of labour also a deterrent
The company said the first three shipments totaling 180 units have already been sold
The company had introduced its first BS VI compliant petrol variant of Glanza premium hatchback in June 2019
Tata Motors and Mahindra & Mahindra may not sharply jack up prices for their BS-VI line, matching strategy adopted by rivals.
Toyota Kirloskar Motor on Thursday announced realignment of its regional offices into three new strategic business units (SBUs) with an eye on strengthening agility of regional management team. Under the new structure, Atul Sood will become associate vice-president (north & east SBU); R Venkatakrishnan, vice-president (south SBU and institutional sales); and B Padmanabha, vice-president (west SBU), the company said in a statement. The three zonal SBUs will be further supported by group SBUs and state SBUs. With this, the company aims to further strengthen the objectivity and agility of the regional management team, it added. Commenting on the new regional structure, Toyota Kirloskar Motor Senior Vice-President (Sales & Customer Service) Naveen Soni said three new SBUs will not only focus on the company's return on investment and key performance indicator-based competitiveness, but also focus on sustainable growth of the company. "Moreover, these SBUs will ensure that our ...
Kirloskar said while the government has done a lot of things such as increasing and improving roads,"Some things they have done, which I believe have created headwinds for auto sector."
Exports in September were at 708 units as against 566 units in the year-ago month
Toyota may set up a separate entity for electric, hybrid vehicles
The company had sold 14,581 units in the same month last year, Toyota Kirloskar Motor (TKM)
The company reported sales of 12,138 units last month, down 7.4 per cent as compared to 13,113 units in May 2018
Toyota will supply its executive sedan, the Corolla, to Suzuki to be sold through Maruti Suzuki
The company said the recall is applicable to gasoline variants of the two models
Auto headlamps, follow-me headlamps and rear defoggers are available in the top variants
The company had sold 12,351 units in January 2018 as compared to 10,336 units sold during same month of last year
Vice-Chairman Vikram Kirloskar said that the company expects sales to be around 140,00 vehicles this year, the same as in 2015-16