TOYOTA MOTOR
Indian carmakers post SUV-led June sales growth amid heat waves Carmakers Mahindra & Mahindra, Toyota Motor Corp's Indian unit, and Kia Motor reported increased car sales in June. This rise was driven by demand for sports utility vehicles (SUVs), despite heat waves affecting purchase decisions.
01 Jul, 2024, 02.57 PM ISTToyota records highest-ever monthly sales in June at 27,474 units Toyota Kirloskar Motor achieved its best-ever monthly sales in June 2024, with 27,474 units, marking a 40% increase from June 2023. Domestic sales were 25,752 units, while exports reached 1,722 units. The sales surge was driven by strong demand for ...
01 Jul, 2024, 10.54 AM ISTCarmakers take the multiple powertrain ride Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid.
23 Jun, 2024, 12.39 AM IST- ADVERTISEMENT
Japan's Nikkei dips below key 38,000 mark; Toyota drops Equities strategist Kazuo Kamitani from Nomura Securities projected a Nikkei correction to 37,500. Suzuki Motor's stock dropped by 3.6%.
17 Jun, 2024, 12.27 PM ISTHybrids likely to outrun EVs soon in market share battle Sales of hybrid cars and SUVs are rising, challenging electric vehicles. HEVs offer better fuel efficiency. Japanese companies and emission standards impact automakers' strategies.
15 Jun, 2024, 11.49 PM ISTJapan's economy is shrinking, although slightly less than previously thought Japan GDP growth: Revised government data shows Japan's economy shrank at an annual rate of 1.8%, an improvement from the initial estimate of 2.0%. Private sector investments were revised to minus 0.4%. Weak consumer spending, a depreciating yen, an...
10 Jun, 2024, 10.03 AM ISTJapan's Nikkei edges up as financials, export shares rise Japan's Nikkei share average edged up on Monday as export-related stocks rose on a weaker yen following stronger-than-expected U.S. jobs data and a rise in domestic yields boosted financial stocks.
10 Jun, 2024, 09.04 AM ISTToyota Kirloskar Motor looks to expand used car biz across key cities Toyota Kirloskar Motor aims to expand its used car business in key cities with the inauguration of the first Toyota Used Car Outlet (TUCO) in New Delhi, targeting the growing Indian used car market.
07 Jun, 2024, 09.40 PM ISTJapan's Nikkei rises as chip-related shares track US peers higher Japan's Nikkei share average rose 0.55% to close at 38,703.51, led by Tokyo Electron and chip-related stocks, but gains were limited ahead of global central bank meetings.
06 Jun, 2024, 12.45 PM ISTJapan's Nikkei jumps as chip-related shares track US peers higher Japan's Nikkei share average rose over 1% on Thursday, led by Tokyo Electron and other chip-related stocks tracking U.S. peers higher.
06 Jun, 2024, 08.15 AM ISTToyota apologizes for cheating on vehicle testing and halts production of three models Toyota suspended production of models like Corolla Fielder, Corolla Axio, and Yaris Cross, but assured the safety of vehicles like the Corolla subcompact and Lexus luxury cars.
03 Jun, 2024, 10.23 PM ISTStrong hybrids need to replace ICE models and not EVs: Maruti Suzuki executive Maruti Suzuki India executive emphasizes strong hybrids over fossil fuel-powered models and pure electric vehicles (EVs) for auto industry sustainability.
03 Jun, 2024, 09.16 AM ISTAuto sales enter slow lane in May, expected to bounce back in the festive season In May, automobile sales slowed down due to heatwaves, election uncertainties, and a high base effect. Maruti Suzuki's sales grew 4.4% year-on-year, but this was lower than the 13.8% growth seen in May 2023. Hyundai Motor India and Tata Motors also ...
02 Jun, 2024, 12.17 AM ISTPassenger vehicle wholesales in slow lane in May due to high base effect, elections Passenger vehicle wholesales in India grew marginally in May due to the high base effect and muted demand during the general elections. Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Toyota Kirloskar Motor, Kia India, and MG Motor India a...
01 Jun, 2024, 06.00 PM ISTToyota sales up 24 pc at 25,273 units in May In May, Toyota Kirloskar Motor (TKM) recorded a 24% year-on-year increase in total wholesales, reaching 25,273 units. Domestic sales accounted for 23,959 units, while exports were 1,314 units. This marks growth from 20,410 units dispatched to dealer...
01 Jun, 2024, 11.28 AM ISTRenault, Geely create joint venture for hybrid, combustion engines Renault and Geely's joint venture, HORSE Powertrain, aims to develop combustion and hybrid engines, bolstering competitiveness and addressing decarbonization challenges. With anticipated annual revenue of 15 billion euros and a production target of ...
31 May, 2024, 04.25 PM ISTOld empires could be the key to a new car future Hydrogen, a vital element in water creation, is gaining traction as a fuel source for fuel-cell electric vehicles.
29 May, 2024, 09.46 AM ISTHybrids catching up fast with EVs; Maruti, Toyota driving growth Sales of hybrid transmission cars and SUVs are rapidly increasing, challenging electric vehicles in market share. Maruti Suzuki and Toyota offer popular models in this segment, with hybrid vehicles capturing 2.48% of the passenger vehicle market in ...
26 May, 2024, 06.01 AM ISTJapanese automakers least prepared for EV transition: Think-tank The four automakers with the lowest proportion of forecasted EV production in 2030 are all from Japan (Suzuki at 10%, Honda at 24%, Toyota at 29% and Mazda at 30%), with Toyota, Mazda and Suzuki all receiving the lowest performance, says InfluenceMa...
19 May, 2024, 10.00 PM ISTToyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say Toyota Motor faced production halts at Mexico plant due to labour shortages and supply chain disruptions, affecting Tacoma pick-up truck output. North American plants experienced delays due to supplier issues. Challenges with parts makers, electric ...
17 May, 2024, 12.46 PM IST