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Toyota cars News

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Toyota reported an 87% rise in domestic wholesales The company had sold 8,801 units in June last year The new Glanza has received a tremendous response from customers
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Recently, Toyota's Mirai car set a global record for the longest distance travelled on hydrogen fuel, which was later added to the Guinness World Records. Toyota Mirai was introduced in 2016, according to the firm. This was the company's first hydrogen-fueled fuel cell electric vehicle.
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SBI has collaborated with Toyota and therefore, you can buy the car with the SBI YONO app. Also, you can get the car’s accessories worth Rs 5,000. If you book Toyota's car from the SBI YONO app and finance it, then you get a 0.25 percent concession on the interest rate. Earlier, SBI on booking of new Tata Safari and Renault Kiger offered loan facility on zero processing fees.
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With rising input costs and surge in yen in the global market , Toyota Kirloskar Motor will raise prices of its vehicles by up to 3 percent from January 01, 2017.
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Toyota Motor Corp on Wednesday said it was recalling about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp., including those used as replacement parts following a 2010 recall.
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Toyota's luxury marque, Lexus will be taking the wraps off a production-ready hybrid version of its flagship LC 500 that promises greater enjoyment as well as lower emissions.
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Japanese auto major Toyota, which clocked a net profit Rs 529-crore in FY15 after being in the red for the previous two years, is not looking at buying out its partner Kirloskar Group that owns 11 per cent in the joint venture.
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The company's used car business - "Toyota U-Trust", launched in 2007, will now cover 56 markets in 19 states, TKM said in a statement.
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About 340,000 vehicles of the total are in Japan, 160,000 in Europe, and 120,000 in North America.
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The company, present in India through a joint venture with the Kirloskar group, said the units being recalled were manufactured between April 2007 and July 2008.
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About 75 percent of shareholders voted in favour of allowing the new shares, which will be unlisted and must be held for five years.
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Toyota City stands as a testament to the meteoric rise of its namesake, now the world's biggest carmaker with record profits and sales of more than 10 million cars globally last year.
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Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on global rivals.
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Toyota vehicles are currently built on more than a dozen platforms.
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TKM has entered into a 10-year agreement with the port, renewable at every five year, the company said in a statement.
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Toyota is making a strategic shift in India deciding to focus on safety and take a premium position in each of the segment it is present rather than chasing numbers.
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The defects in the engine oil pipeline of the recalled cars may cause fuel leakages, the statement said.
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The company, which is present in India through a joint venture with Kirloskar group, is looking to set up an area office in the North East considering its rising importance.
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The firm said it sold 2.24 million vehicles globally in the quarter, slightly up from a year earlier.
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Clocking a growth of about 12 percent in June after a slide, Toyota Kirloskar Motor (TKM), is expecting a growth of six to seven percent during 2014, a top official said Thursday.






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