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Hyundai Motor and Toyota Kirloskar log higher sales in June The second largest car maker in India Hyundai Motor India Ltd on Saturday said it closed June with a sales of 65,601 units. According to Hyundai Motor, in June, 2023, it sold 65,601 units (domestic 50,001 units, exports 15,600 units) up from 62,351 units (domestic 49,001 units, exports 13,350 units) sold in June 2022. On the other hand, Toyota Kirloskar Motor reported sales of 19,608 units for June 2023 up from 16,512 units sold in June, 2022.
Hyundai Motor and Toyota Kirloskar log higher sales in June
Hyundai Motor and Toyota Kirloskar log higher sales in June
Source: IANS
1/07/2023 2:33:00 PM
Toyota Kirloskar to increase output by 30% with third shift operation Car maker Toyota Kirloskar Motor on Thursday said it will increase its production by 30 per cent by starting three shift operations at its plant in Bidadi in Karnataka owing to increased demand for its old and new models. According to Toyota Kirloskar, a joint venture between Japan's Toyota Corporation and India's Kirloskar Group, the third shift operations began in May. The company said the start of the third shift will generate additional employment of close to 25 per cent inc...
Toyota Kirloskar to increase output by 30% with third shift operation
Toyota Kirloskar to increase output by 30% with third shift operation
Source: IANS
18/05/2023 3:41:47 PM
Much before talk of diesel car ban, sales down to 17.6% of total volume The news about an Indian government committee suggesting a ban on diesel cars from 2027 has sowed the seeds of uncertainty in the minds of diesel car buyers today, said top industry officials. Car buyers will think twice before writing out a cheque to buy a diesel car, they added. The government has suggested a ban on diesel-powered cars by 2027 in cities with a population of over a million people. "The impact on the diesel vehicle industry will be from now, and not from 2027,&q...
Much before talk of diesel car ban, sales down to 17.6% of total volume
Much before talk of diesel car ban, sales down to 17.6% of total volume
Source: IANS
14/05/2023 1:59:39 PM
Toyota Kirloskar logs 41% volume growth in FY23 The Indo-Japanese car joint venture Toyota Kirloskar Motor Pvt Ltd closed last fiscal selling 174,015 units logging a growth of 41 per cent. The company said it had sold 174,015 units last fiscal, up from 123,770 units sold in FY22. According to Toyota Kirloskar, last month it sold 18,670 units, up from selling 17,131 units in March 2022. Major contributions coming from strong consumer demand generated for the recently introduced Innova Hycross, Urban Cruiser Hyryder, The New Innova ...
Toyota Kirloskar logs 41% volume growth in FY23
Toyota Kirloskar logs 41% volume growth in FY23
Source: IANS
1/04/2023 12:59:07 PM
Indian Bank surges on partnering with Toyota Kirloskar Motor Indian Bank is currently trading at Rs. 265.10, up by 8.05 points or 3.13% from its previous closing of Rs. 257.05 on the BSE. The scrip opened at Rs. 257.05 and has touched a high and low of Rs. 265.75 and Rs. 257.05 respectively. So far 38325 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 01-Feb-2023 and a 52 week low of Rs. 131.45 on 07-Mar-2022. Last one week high and low of the scrip stood at Rs...
Indian Bank surges on partnering with Toyota Kirloskar Motor
Indian Bank surges on partnering with Toyota Kirloskar Motor
Source: Accord Fintech
1/03/2023 2:09:11 PM
Toyota Kirloskar Motor Inducts two New Directors to its Board Toyota Kirloskar Motor (TKM) today announced the elevation of its two senior officials in its Board. Mr. Tadashi Asazuma and Mr. Swapnesh R. Maru inducted as new Directors in the board of TKM with effect from 19th January 2023. Mr. Tadashi Asazuma currently holds the position of Executive Vice President and heads Sales, Service & Used Car function of TKM. Mr. Asazuma brings with him a rich global automobile industry experience of working for Toyota in Japan and...
Toyota Kirloskar Motor Inducts two New Directors to its Board
Toyota Kirloskar Motor Inducts two New Directors to its Board
Source: PR Agency
23/01/2023 3:53:38 PM
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, inaugurated the 'Ethanol Pavilion' at the Auto Expo here, and said the ethanol blending in petrol was increased up to 10.17 per cent in 2022. The Maruti Suzuki and Toyota Kirloskar Motor, TVS, Hero MotoCorp, Bajaj Auto, Honda Motorcycle, Yamaha and Suzuki motorcycles are displaying their working prototype of flex-fuel vehicles at the pavilion and these vehicles can take a range of ethanol blends varying from 20-85 per...
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister
Ethanol blending in petrol rose to 10.17% in 2022: Petroleum Minister
Source: IANS
13/01/2023 3:53:30 PM
Toyota displays modified off-road Hilux concept Toyota Kirloskar Motor on Thurssday showcased the modified off-road concept of Hilux, all new Landcruiser LC 300 and the modified Glanza at the Auto Expo 2023 here. The company also displayed an electric vehicle, the bZ4X, the first model to use the new e-TNGA electric vehicle architecture developed in collaboration with Subaru. Hydrogen-based vehicles like Mirai - a fuel cell electric vehicle (FCEV), Corolla Cross H2 Concept, fuel cell system module and xEV technology vehicles like Pri...
Toyota displays modified off-road Hilux concept
Toyota displays modified off-road Hilux concept
Source: IANS
12/01/2023 5:18:17 PM
Toyota Kirloskar restarts booking for Hilux utility vehicle Car maker Toyota Kirloskar Motor on Monday said it has restarted bookings for its utility vehicle Hilux. The bookings for the model that was launched early 2022 was stopped temporarily due to various factors impacting supply. According to the company, globally, the Hilux sales have surpassed 20 million units. The details of the ex-showroom price of the model ranges between Rs 33.99 lakh and Rs 36.80 lakh based on the kind of variant.
Toyota Kirloskar restarts booking for Hilux utility vehicle
Toyota Kirloskar restarts booking for Hilux utility vehicle
Source: IANS
9/01/2023 12:51:07 PM
Maruti Suzuki to launch two new SUVs, showcase electric SUV at AutoExpo Car major Maruti Suzuki India Ltd is seeking to increase its market share in the sport utility vehicle (SUV) segment and will launch two new models at the AutoExpo early next year, a senior company official said on Thursday. Apart from the two new SUVs, Maruti Suzuki will also showcase its concept electric SUV and flex fuel at the AutoExpo, Senior Executive Director, Marketing & Sales, Shashank Srivastava told reporters in a video conference. Queried about whether the two SUVs to be...
Maruti Suzuki to launch two new SUVs, showcase electric SUV at AutoExpo
Maruti Suzuki to launch two new SUVs, showcase electric SUV at AutoExpo
Source: IANS
22/12/2022 8:31:54 PM
Vikram Kirloskar, Toyota Kirloskar vice-chairman, passes away Vikram Shreekant Kirloskar, an eminent industrialist and Vice-Chairman of Toyota Kirloskar Motors passed away after suffering a cardiac arrest late Tuesday. He was 64. His funeral is scheduled for 1 p.m. on Wednesday in Bengaluru, according to family sources. Toyota India tweeted, "We are extremely saddened. At this time of grief, we request everyone to pray that his soul rests in peace." Karnataka Chief Minister Basavaraj Bommai condoled the death. "Heartfelt condolen...
Vikram Kirloskar, Toyota Kirloskar vice-chairman, passes away
Vikram Kirloskar, Toyota Kirloskar vice-chairman, passes away
Source: IANS
30/11/2022 12:50:34 PM
Toyota Kirloskar forays into CNG segment with Glanza and Hyryder Japanese-Indian joint venture Toyota Kirloskar Motor on Wednesday signalled its foray into the compressed natural gas (CNG) powered segment. According to the company, car buyers now have the option of CNG fuel for Glanza and Hyryder models. The Toyota Glanza, which was launched earlier this year, will now be available with a CNG variant in the S & G grades, along with a manual transmission powertrain. Hyryder too will now be available with a factory-fitted CNG kit in both S &...
Toyota Kirloskar forays into CNG segment with Glanza and Hyryder
Toyota Kirloskar forays into CNG segment with Glanza and Hyryder
Source: IANS
10/11/2022 10:54:38 AM
Indian car makers drove good sales in October With the festive season on, car makers, leading with Maruti Suzuki India Ltd, closed October with good sales numbers. However, the shortage of electronic components had put brakes on the overall sales. According to Maruti Suzuki, it had sold a total of 167,520 units (domestic 143,250 units, sales to other car makers 3,822, exports 20,448 units) in October 2022 up from 138,335 units (domestic 112,788 units, sales to other car maker 4,225 units, exports 21,322 units). Hyundai Motor Ind...
Indian car makers drove good sales in October
Indian car makers drove good sales in October
Source: ians
1/11/2022 5:00:03 PM
Car makers log sales growth in September Chennai, Oct 1  Festive season and new launches geared the passenger vehicle sales last month as car majors in India logged sales growth last month as compared to the previous year's corresponding month. Maruti Suzuki India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last month, up from 86,380 units sold in September 2021. According to Maruti Suzuki, the shortage of electronic components had a minor impact on the production o...
Car makers log sales growth in September
Car makers log sales growth in September
Source: IANS
1/10/2022 8:32:40 PM
Key Stock News: TVS Motors, Dish TV, Maruti Suzuki, Amazon India, Toyota Kirloskar - ARETE Securities Key News TVS Motor's sales rise 15% to 333,787 units in August, exports slip Two and three wheeler maker TVS Motor has reported a 15 per cent rise in its sales by selling 3,33,787 units in August, the company said on Thursday. The city-based company had registered sales of 2,90,694 units in the same month of last year, a company statement said here. The total two-wheeler sales made by the company also witnessed a growth of 15 per cent in August with the sales increasing to 3,15,539...
Key Stock News: TVS Motors, Dish TV, Maruti Suzuki, Amazon India, Toyota Kirloskar - ARETE Securities
Key Stock News: TVS Motors, Dish TV, Maruti Suzuki, Amazon India, Toyota Kirloskar - ARETE Securities
Source: ARETE Securities Ltd
2/09/2022 9:40:06 AM
New midsize SUVs to vroom on Indian roads soon With the market for the midsize sport utility vehicle (SUV) growing in an accelerated manner in India, car makers are set to launch their new offerings in the market. The car makers are Maruti Suzuki India Ltd (Grand Vitara), Hyundai Motor India Ltd (Venue N Line), Toyota Kirloskar Motor (Hyryder) and a couple of facelift SUVs like the XUV 300 from Mahindra & Mahindra. According to the Society of Automobile Manufacturers (SIAM), about 2.96 lakh utility vehicles measuring less than f...
New midsize SUVs to vroom on Indian roads soon
New midsize SUVs to vroom on Indian roads soon
Source: IANS
31/08/2022 10:36:08 AM
Indian auto industry accelerating, shows robust July numbers The Indian automobile industry has posted robust growth last month with passenger/commercial vehicles and two-wheelers logging growth while the tractor segment lagged behind. Passenger car majors clocked total sales of over 3.43 lakh last month as compared to July last year. The commercial vehicle's sector maintained robust growth momentum, driven by strong demand in both passenger and cargo segments, said Emkay Global Financial Services. Similarly, the passenger and two-wheelers...
Indian auto industry accelerating, shows robust July numbers
Indian auto industry accelerating, shows robust July numbers
Source: IANS
2/08/2022 4:22:54 PM
Toyota Group signs MoU with Karnataka for Rs 4,800 crore investment The Toyota Group of Companies, comprising Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts, on Saturday announced a Memorandum of Understanding (MOU) signed with the Karnataka government to invest Rs 4,100 crore of a total Rs 4,800 crore towards 'Make in India' and to enable a faster reduction in carbon emissions. The announcement coincides with Toyota Kirloskar Motor's 25 years of journey in India. The MoU was exchanged between Chief Minister Basavaraj Bommai and Vikr...
Toyota Group signs MoU with Karnataka for Rs 4,800 crore investment
Toyota Group signs MoU with Karnataka for Rs 4,800 crore investment
Source: IANS
8/05/2022 9:37:12 AM
Nitin Gadkari launches pilot project for green hydrogen-based fuel cell EV Union Minister for Road Transport and Highways, Nitin Gadkari, on Wednesday launched the pilot project for green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, calling it a first of its kind project in India which aims to create an ecosystem by creating awareness about the unique utility of green hydrogen and FCEV technology. Toyota Kirloskar Motor Pvt Ltd and International Centre for Automotive Technology (ICAT) are conducting a pilot project to study and evaluat...
Nitin Gadkari launches pilot project for green hydrogen-based fuel cell EV
Nitin Gadkari launches pilot project for green hydrogen-based fuel cell EV
Source: IANS
17/03/2022 9:25:20 AM
Toyota launches lifestyle utility vehicle Hilux Automaker Toyota Kirloskar Motor (TKM) on Thursday , launched "Hilux" lifestyle utility vehicle. According to the company, the Ex-showroom prices of the new vehicle will be announced in March 2022 before the start of the deliveries in April 2022. "Today, as India continues to make larger economic strides, many customers are seeking a sophisticated lifestyle vehicle that delivers exceptional on and off-road prowess and fulfil their daily urban mobility needs be it work or ...
Toyota launches lifestyle utility vehicle Hilux
Toyota launches lifestyle utility vehicle Hilux
Source: IANS
20/01/2022 4:33:53 PM
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities Key News Accenture's growth outlook augurs well for Indian IT services players Accenture’s Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture’s financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier...
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities
Source: ARETE Securities Ltd
20/12/2021 10:04:43 AM
Toyota Kirloskar Motor to raise prices from Jan 1 Automobile manufacturer Toyota Kirloskar Motor on Wednesday said the company will raise prices of its models. Accordingly, the price realignment will take effect from January 1, 2022. "The price realignment is necessitated on the back of sustained increase in input costs including raw materials," the company said in a statement. "All efforts have been made to ensure that the impact of the cost increase has a minimum effect on our esteemed customers." Several ot...
Toyota Kirloskar Motor to raise prices from Jan 1
Toyota Kirloskar Motor to raise prices from Jan 1
Source: IANS
15/12/2021 5:02:21 PM
Key News - Toyota Kirloskar Motor, NTPC Ltd, Insurance companies, DLF Ltd By ARETE Securities Key News Sirona eyes Rs 100-cr revenue in FY23, to expand its product range Sirona Hygiene aims to log a revenue of Rs 100 crore in FY23 as it expands its product range and ramps up presence in offline retail channels in the country. The feminine hygiene product company, which is working towards increasing dialogue around feminine health and hygiene often considered taboo topics is also looking at raising fresh funding in the coming months.   Toyota Kirloskar reports 1% incr...
Key News - Toyota Kirloskar Motor, NTPC Ltd, Insurance companies, DLF Ltd By ARETE Securities
Key News - Toyota Kirloskar Motor, NTPC Ltd, Insurance companies, DLF Ltd By ARETE Securities
Source: ARETE Securities Ltd
1/11/2021 9:34:31 AM
Toyota Kirloskar Motor to raise prices from October Automobile manufacturer Toyota Kirloskar Motor on Tuesday said it will raise vehicle prices from October 1. According to the auto manufacturer, the hike has been necessitated to partially offset the increase in input costs. "The overall price increase has been tapered down considering the impact on our valued customers. "As a customer-centric company, we remain committed to cater to the ever-evolving needs and requirements of our customers by consciously minimising the impa...
Toyota Kirloskar Motor to raise prices from October
Toyota Kirloskar Motor to raise prices from October
Source: IANS
28/09/2021 4:48:16 PM
Toyota Kirloskar Motor discontinues sedan Yaris in India Automobile manufacturer Toyota Kirloskar Motor has discontinued high-end sedan Yaris in India with effect from Monday. According to the company, the move is a part of product strategy. "This move is a part of Toyota's product strategy to continue to cater to the ever-evolving needs of the customer through enhanced technologies and product offerings," the company said in a statement. "We would like to continue to serve such customers with other current offerings and...
Toyota Kirloskar Motor discontinues sedan Yaris in India
Toyota Kirloskar Motor discontinues sedan Yaris in India
Source: IANS
27/09/2021 2:52:19 PM
Energy efficiency must be basis for determining taxation: Toyota Kirloskar Motor Energy efficiency needs to be basis for determining product taxation, said Toyota Kirloskar Motor Vice Chairman Vikram Kirloskar. "To realise India's goals of energy security and countering climate change, we must lay equal emphasis on enhancing energy efficiency as we do for fossil fuel substitution. "This will help us address the entire value chain as well as for efforts to reduce, reuse and recycle materials," he said at the 61st SIAM Annual Convention held here. ...
Energy efficiency must be basis for determining taxation: Toyota Kirloskar Motor
Energy efficiency must be basis for determining taxation: Toyota Kirloskar Motor
Source: IANS
26/08/2021 9:49:41 AM
Toyota to raise price of Innova Crysta Automobile major Toyota Kirloskar Motor will raise the price of its flagship model, Innova Crysta. Accordingly, the price will be raised by up to 2 per cent, effective August 1, 2021. The company cited rising input costs as the key factor behind the price hike. "This increase is necessitated to partially offset the substantial increase in input costs," the company said in a statement. "The price increase has been tapered down considering the impact on our valued custom...
Toyota to raise price of Innova Crysta
Toyota to raise price of Innova Crysta
Source: IANS
30/07/2021 9:44:00 AM
TKM partially resumes ops at Bidadi plant Automobile manufacturer Toyota Kirloskar Motor (TKM) has partially resumed its operations at Bidadi plant in Karnataka. Accordingly, the partial resumption of operations began on Tuesday. "Operating at the prescribed workforce strength of 50 per cent, TKM will resume its operations as well as enhance training of all employees for the 'new normal', both in terms of facilities and processes." On the manufacturing side, the company said it is trying to ensure that all ...
TKM partially resumes ops at Bidadi plant
TKM partially resumes ops at Bidadi plant
Source: IANS
15/06/2021 3:50:15 PM
Award for industrialist Vikram Kirloskar The Indian Institute of Metals on Wednesday conferred the IIM-JRD Tata award 2020 on Toyota Kirloskar Motor India's Vice Chairman Vikram Kirloskar in recognition of his service to the country through excellence in corporate leadership in metallurgical industries. In a digital event, the award was presented to Kirloskar in the presence of Union Minister for Steel Dharmendra Pradhan and Minister of State for Steel Faggan Singh Kulaste, the institute said in a statement here. "It ...
Award for industrialist Vikram Kirloskar
Award for industrialist Vikram Kirloskar
Source: IANS
25/02/2021 9:05:30 AM
Toyota Kirloskar Motor launches new Fortuner Automobile manufacturer Toyota Kirloskar Motor (TKM) on Wednesday launched the new Fortuner. Accordingly, the starting price of petrol variant is set at Rs 29.98 lakh, while that of diesel starts at Rs 31.57 lakh ex-showroom (Same across the country except in Kerala). The new Fortuner is available in '2.8 L Diesel Engine with 6-Speed Automatic and 6-Speed Manual Transmission' with Intelligent 'Manual Transmission options and 2.7 L Petrol Engine in 6-Speed Automatic and 5-Spe...
Toyota Kirloskar Motor launches new Fortuner
Toyota Kirloskar Motor launches new Fortuner
Source: IANS
6/01/2021 2:59:42 PM
Toyota launches third generation of Innova MPV Auto major Toyota Kirloskar Motor on Tuesday launched the third generation of MPV Innova -- 'Innova Crysta' priced between Rs 16.26 lakh and Rs 24.33 lakh. "The Innova redefined the segment when it was introduced in India more than 15 years ago as a premium MPV...," said Naveen Soni, Senior Vice President, Sales and Service, TKM. "The launch is particularly timed for those customers who are seeking unmatched safety and unrivalled comfort during long distances trav...
Toyota launches third generation of Innova MPV
Toyota launches third generation of Innova MPV
Source: IANS
24/11/2020 2:14:32 PM