Page 7 - Toyota Motor

Japan: Toyota suspends factory operations after suspected cyber attack

Toyota is suspending production at all 28 lines of its 14 plants in Japan starting on Tuesday, because of a system malfunction that a domestic supplier suspects is a cyberattack

Toyota launches new Camry Hybrid in India priced at Rs 41,70,000

Toyota launched new version of its premium sedan Camry Hybrid in the country priced at Rs 41.7 lakh (ex-showroom).

Toyota dethrones General Motors as top-selling automaker in US for 1st time

For the first time since 1931, Detroit-based General Motors has lost the crown of top-selling automaker in the US, handing over the baton to Japanese giant Toyota Motor

Toyota extends production stoppages in Japan as components run short

Lost production from the latest halts will now total about 14,000 vehicles in December, up from 9,000 units it flagged on Friday, Toyota said.

Toyota's global output goes down 26% in Oct amid shortage of semiconductors

The world's No 1 carmaker said Monday it produced 627,452 vehicles in October

Toyota to hike prices by up to 2% from Oct 1 to offset rise in input costs

TKM on Tuesday said it will increase prices of its entire model range by up to 2 per cent with effect from October 1 in order to partially offset the impact of rise in input costs.

Toyota Motor cuts production target by 3% on parts and chips shortages

Toyota Motor Corp cut its annual production target by 300,000 vehicles on Friday as rising Covid slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips.

'Happened rapidly': How a single Covid case rocked world's biggest carmaker

Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.

Toyota to slash September production as chip shortage bites: Report

Toyota Motor Corp will reduce global production for September by 40% from its previous plan, the Nikkei business daily reported on Thursday

Toyota domestic sales increase 36% to 14,075 in February at 14,075 units

"We started the year on a positive note and the trend continues as we close the second month of the year, clocking a growth of 36 per cent"

In pictures: Toyota Kirloskar Motor launches new Fortuner in India

Toyota launched the new version of its premium SUV Fortuner, priced between Rs 29.98 lakh and Rs 37.43 lakh (ex-showroom Delhi)

Toyota drives in new Fortuner in India with price starting at Rs 29.98 lakh

Toyota Kirloskar Motor (TKM) on Wednesday launched the new version of its premium SUV Fortuner

Bidadi impasse enters Day 16: Toyota rolling out less than 100 units a day

Main production unit at Bidadi running with skeletal staff, producing less than 100 units a day from 450-500 units normally

Toyota Kirloskar logs 12% increase in retail sales on Dhanteras

Toyota Kirloskar Motor has said its Dhanteras retail sales spiked 12 per cent this year as compared to last year and it expects November volumes to be more bullish over the previous month. The automaker in a late evening statement on Friday also said that apart from other factors, pent-up demand coupled with festive season sales have also contributed to the oversales volume of October and November so far. "There has been a 10-13 per cent increase in order taking this year on Dhanteras when compared to the same period last year. Dhanteras in 2020 has been celebrated over two days in various parts of the country and hence in terms of retail sales also, we have witnessed a 12 per cent growth when compared to Dhanteras last year," Naveen Soni, Senior Vice President, Sales & Service, Toyota Kirloskar Motor (TKM) said in the statement. TKM is hoping that sales in November will be more bullish when compared to October sales, he said. Dhanteras is an auspicious day for buying gold, silver

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail

Toyota operates a plant in Derbyshire, central England, and produced roughly 8% of the 1.52 million cars made in Britain in 2018

Harley to GM, India's auto market remains elusive for most global firms

Over the last three years, at least three global brands - Harley-Davidson, being the latest - were forced either to exit or scale down their operations

Toyota launches compact SUV Urban Cruiser, price starting at Rs 840,000

Toyota Kirloskar Motor (TKM) on Wednesday launched its youngest SUV, the all-new Toyota Urban Cruiser, to strengthen its offerings in the segment. The Toyota Urban Cruiser is the second model to be launched in India under the global Toyota-Suzuki alliance following the the premium hatchback, the Toyota Glanza. Priceranges fromRs 840,000 to Rs 11,30,000 (Ex- showroom, Delhi), the company said in a statement. 'Dual Tone', available only in the premium variant of both MT & AT options, are priced atRs 998,000 and Rs 11,55,000, respectively, it was stated. The compact SUVis powered withK-Series 1.5 litre, four- cylinder petrol enginewithchoice of Manual Transmission (MT)/Automatic Transmission (AT), the statement said. AllAT variantsare equipped withadvanced lithium-ion battery with integrated starter generator comprisingtorque assist function, idle start stop function, brake energy regeneration function for enhanced fuel efficiency, the company said.

At up to 50%, cars in India suffer among the highest tax rates globally

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%

Will invest Rs 2,000 crore in India: Toyota Kirloskar Motor vice-chairman

High GST rates taking a toll on volumes, says Viswanathan