The company, which is present in India through a joint venture with the Kirloskar Group, is investing Rs 1,650 crore.
Toyota Liva has hit the Indian B segment car market with a bang and is priced aggressively at a starting price of Rs 399,000.
The Etios sedan, which made its global debut in the country in December 2010, has sold over 20,000 units till date. This gives Toyota the hope that the new small car will catapult it among the top manufacturers in the second fastest growing automobile market globally.
Beside cosmetic changes there has been some impressive work done under the hood as well.
"That there is an impact on (auto component) supplies is a given, we will have to adjust our production accordingly," said Jnaneswar Sen, vice-president (marketing), Honda Siel Cars India.
Here's how the Etios stands when pitted against the Tata Manza, one of its close competitiors.
The heart breaking Japanese catastrophe and huge booking orders of Etios saloon being the respective reasons.
Toyota Land Cruiser LC200 VX (Premium) 2 comes at a price of about Rs 88,30,000, ex-showroom Delhi.
Toyota Land Cruiser LC200 VX (Premium) 2 comes at a price of about Rs 88,30,000, ex-showroom Delhi.
Primary steel producers in the domestic market have raised product prices by 2.5 to 3 per cent for December to address margin compression and in anticipation of a demand pick-up.
With the sedan, Toyota has evoked concern in a number of existing players.
The Etios sedan is powered by a 1.5-litre motor with twin cams and four valves per cylinder.
Come December 1 and Toyota will launch the sedan in Bangalore.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
Maruti's compact segment comprising New WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and utility vehicles, including Gypsy, Ertiga, XL6, S-Cross and Vitara Brezza saw robust sales, while the mini segment comprising Alto, S-Presso and Old WagonR saw negative growth.
The auto major has also invested Rs 3,200 crore to set up its second manufacturing facility in Bangalore.
Toyota Kirloskar Motors Limited has launched the diesel version of Toyota Corolla Altis in the country recently.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
By all yardsticks 2024 isn't expected to be like 2014 or 2019. But with the mandir expected to be ready in time for the next Lok Sabha polls, Modi will have a new ally in Ram to see him through, observes Saisuresh Sivaswamy.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
Prius is priced between Rs 26.55 lakh and Rs 27.86 lakh.
Behind the scenes, sponsors who have pumped billions of dollars into the Tokyo Olympics have grown increasingly nervous about how the coronavirus outbreak will impact the tournament.
Japanese car maker Toyota on Tuesday said it will begin production of its entry-level sedan Etios in third week of December from its second manufacturing facility in India at Bidadi in Bengaluru.
Will the latest hatchback from the stable of Toyota -- Etios Liva -- generate a phenomenal response? Let's find out...
It will borrow Innova Crysta's engine lineup
The Toyota Yaris was finally launched in India last month. Rajesh Alva/Rediff.com offers a quick checklist of what appeals to him about the car, and what doesn't.
While Yaris is a hatchback, Vios is its sedan version.
So, how impressive is the Toyota Etios? We find out as we drive one.
The gunman was shot dead.
Toyota Motor Corporation is recalling 1.43 million vehicles globally for defective air bags
Market leaders saw good traction for new cars, including the electric ones.
There's hardly anything that can go wrong with this vehicle since it offers everything that a buyer in this segment would ever want.
The company says if the ban on diesel vehicles continues, around 13% of its sales will be hit.
The Camry hybrid sold 466 units in January-April in the region.
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
The bookings of the new vehicle, named Innova Crysta opened on Monday and deliveries will begin from May 13, 2016.
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