Business Standard

Toyota Motor Corp

Toyota shareholder meeting: Focus remains on level of support for chairman

Toyoda's approval rating fell to 85 per cent last year from 96 per cent in 2022 but he only needs a majority to be re-elected and scandals aside, business has been good

Toyota shareholder meeting: Focus remains on level of support for chairman
Updated On : 17 Jun 2024 | 11:57 AM IST

Toyota, Mazda halt shipments as Japanese auto safety scandal widens

The irregularities were also found in applications from Honda, Suzuki and Yamaha Motor, the ministry said

Toyota, Mazda halt shipments as Japanese auto safety scandal widens
Updated On : 04 Jun 2024 | 9:10 AM IST

Toyota, other Japan automakers under scrutiny for certification issues

The transport ministry said separately it will conduct an on-site inspection at Toyota's headquarters on Tuesday

Toyota, other Japan automakers under scrutiny for certification issues
Updated On : 03 Jun 2024 | 2:41 PM IST

Toyota showcases next-generation engines adaptable to different fuels

It displayed in-development 1.5 litre and 2.0 litre engines with significantly reduced volume and height versus current engines

Toyota showcases next-generation engines adaptable to different fuels
Updated On : 28 May 2024 | 1:07 PM IST

Automakers Toyota, Subaru, and Mazda commit to developing new engines

The announcement is the latest example that showcases Toyota's close ties with Subaru and Mazda

Automakers Toyota, Subaru, and Mazda commit to developing new engines
Updated On : 28 May 2024 | 10:35 AM IST

Safety issue: Toyota to oversee model certification at subsidiary Daihatsu

Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal, Daihatsu's new president said Monday. Toyota Motor Corp. will take a leadership role in various areas, including product development and procurement, said Masahiro Inoue, who took the helm of Daihatsu in March. I have been spending each and every day, vowing to revive Daihatsu, said Inoue, who previously oversaw Toyota's business in South America. His predecessor at Daihatsu resigned after the allegations of widespread cheating on safety testing surfaced last year. A third-party review found violations, such as testing just one side of a car instead of both, had persisted for decades. Production at Daihatsu Motor Co was halted by a government order until proper tests can be done and a system set up to prevent a recurrence. Only some production has since resumed. Daihatsu is known for smaller kei" cars and off-road

Safety issue: Toyota to oversee model certification at subsidiary Daihatsu
Updated On : 08 Apr 2024 | 2:21 PM IST

Toyota Kirloskar sees highest-ever monthly sales at 27,180 units in March

Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company's total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the 2023-24 fiscal the company reported the highest-ever wholesales of 2,63,512 units, an increase of 48 per cent as against 1,77,683 units in 2022-23. "We are thrilled to close both our wholesales for 2023-24 fiscal year and March 2024 by recording the highest-ever units of 2,63,512 and 27,180 respectively," Toyota Kirloskar Motor (TKM) Vice President, Sales-Service-Used Car Business Sabari Manohar said in a statement. With a customer-oriented approach, the company has always remained ahead in assessing and understanding the diverse needs of varied customers and market trends, serving them the best with our wider range of quality products and services, he added. "We will continue to do so with an emphasis to meet the rising consumer demands

Toyota Kirloskar sees highest-ever monthly sales at 27,180 units in March
Updated On : 01 Apr 2024 | 11:32 AM IST

Toyota's global sales slip 7% in Feb, led by slumps in China, Japan

Sales in China - the world's biggest auto market - tumbled 36%. This year the week-long Lunar New Year holiday took place in February while last year it occurred in January

Toyota's global sales slip 7% in Feb, led by slumps in China, Japan
Updated On : 28 Mar 2024 | 10:45 AM IST

Toyota extends shutdown of 2 plants after emission test irregularities

The production lines have been suspended since Jan. 29 after the discovery of irregularities in certification tests for diesel engines developed by affiliate Toyota Industries

Toyota extends shutdown of 2 plants after emission test irregularities
Updated On : 23 Feb 2024 | 1:17 PM IST

President, chairman of scandal-hit Daihatsu unit to step down, says Toyota

Daihatsu's chairman, Sunao Matsubayashi, will also step down and not be replaced, Toyota said

President, chairman of scandal-hit Daihatsu unit to step down, says Toyota
Updated On : 13 Feb 2024 | 1:20 PM IST

Toyota supplier Denso cuts Q3 profit forecast after hit by extra costs

Denso gets about half of its revenue from the Toyota group, which also includes Toyota truck unit Hino Motors and small-car maker Daihatsu

Toyota supplier Denso cuts Q3 profit forecast after hit by extra costs
Updated On : 02 Feb 2024 | 12:11 PM IST

Toyota registers highest-ever monthly sales in January at 24,609 units

Toyota Kirloskar Motor on Thursday reported its highest-ever monthly wholesales in January with dispatch of 24,609 units, an increase of 92 per cent over same month last year. The automaker had dispatched a total of 12,835 units to dealers in January last year. Last month the company sold 23,197 units in the domestic market. It also exported 1,412 units of the Urban Cruiser Hyryder. "The company's MPV and SUV offerings continue to be our greatest strength with major contributions from the Innova Hycross, Urban Cruiser Hyryder, Innova Crysta, Fortuner and the Legender," Toyota Kirloskar Motor (TKM) Vice President, Sales-Service-Used Car Business Sabari Manohar said in a statement Other offerings such as the Camry Hybrid, Glanza, Hilux, Vellfire and the Rumion too have fuelled company's growth story, he added. TKM has temporarily suspended the dispatch of its three models Innova Crysta, Fortuner and Hilux in the country after irregularities were found in the certification tests

Toyota registers highest-ever monthly sales in January at 24,609 units
Updated On : 01 Feb 2024 | 11:05 AM IST

Toyota suspends dispatch of 3 models in India due to some 'irregularities'

Toyota Kirloskar Motor is temporarily suspending the dispatch of its three models -- Innova Crysta, Fortuner and Hilux -- in the country after "irregularities" were found in the certification tests for the diesel powertrain. Toyota Industries Corporation (TICO), a company affiliated with Toyota Motor Corporation (TMC), on January 29, 2024, announced that irregularities in horsepower output certification tests were found on three diesel engine models. In case of India, such engines are used in Innova Crysta, Fortuner and Hilux. "The irregularities concern the smoothing of power and torque curves but did not lead to any over-stating or over-claims on horsepower, torque or other powertrain related values," a Toyota Kirloskar Motor (TKM) spokesperson said in a statement when contacted over the issue. The issue does not have any impact on the emissions or safety of the affected vehicles, the company stated. "Toyota is working with relevant authorities to re-confirm the data used for th

Toyota suspends dispatch of 3 models in India due to some 'irregularities'
Updated On : 30 Jan 2024 | 2:52 PM IST

Toyota holds lead as world's no. 1 automobile manufacturer for fourth year

Output, which refers to cars off the production line, grew 8.6 per cent to 11.5 million units. VW's deliveries increased 12 per cent to 9.24 million units in 2023

Toyota holds lead as world's no. 1 automobile manufacturer for fourth year
Updated On : 30 Jan 2024 | 7:54 AM IST

Toyota to roll out solid-state battery EVs in couple of years: Report

Solid-state batteries promise to dramatically improve the driving range of electric vehicles (EVs)

Toyota to roll out solid-state battery EVs in couple of years: Report
Updated On : 11 Jan 2024 | 11:37 PM IST

Auto major Toyota Kirloskar Motor sales up 45% at 233,346 units in 2023

Toyota Kirloskar Motor on Monday reported a 46 per growth in wholesales at 2,33,346 units in 2023. The company's wholesales stood at 1,60,364 units a year ago. Domestic sales accounted for 2,21,356 units in 2023 as compared to 1,60,364 units in 2022, Toyota Kirloskar Motor (TKM) said in a statement. Exports in 2023 were at 11,984 units, it added. "(The) growth of 46 per cent as compared to last CY (calendar year) came from across the product portfolio. The consistent month-on-month performance, coupled with a year-round upward trend, indicates a growing customer interest in all our line-up of cars," TKM Vice President of Sales and Strategic Marketing Atul Sood said. In December 2023, TKM said it sold 22,867 units, a growth of 119 per cent over 10,421 units sold in December 2022.

Auto major Toyota Kirloskar Motor sales up 45% at 233,346 units in 2023
Updated On : 01 Jan 2024 | 2:40 PM IST

Toyota's global output surges 11% in Nov, sees record high on strong demand

Domestic sales for the month shot 27% higher, sales in both the United States and China increased by 17%, while those in Europe climbed 15%

Toyota's global output surges 11% in Nov, sees record high on strong demand
Updated On : 27 Dec 2023 | 10:35 AM IST

Toyota's unit raided after fake tests lead to suspension of all shipments

Japanese transport ministry officials inspected Toyota subsidiary Daihatsu on Thursday, one day after officials announced it was suspending the small car unit's shipments of all vehicles in and outside Japan after an investigation found improper testing involving 64 models. The safety test irregularities earlier this year prompted an independent panel investigation, which found widespread and systematic problems at Osaka-based Daihatsu Motor Co. It is the latest of safety or other violations found at at least five of Japan's major automakers in recent years. On Thursday, transport ministry officials began a deeper investigation at Daihatsu's offices over the systematic safety scandal that apparently persisted for decades. It's extremely regrettable, Chief Cabinet Secretary Yoshimasa Hayashi said Thursday. It damaged the trust of car owners and has shaken the foundation of the automobile certification system. Hayashi urged Daihatsu officials to fully explain the situation. So far,

Toyota's unit raided after fake tests lead to suspension of all shipments
Updated On : 21 Dec 2023 | 11:40 AM IST

Toyota launches Innova Hycross GX Limited edition, costs Rs 20 lakh

Based on the lower GX variant, the Limited edition Innova Hyrcoss misses out on the more fuel-efficient hybrid engine option

Toyota launches Innova Hycross GX Limited edition, costs Rs 20 lakh
Updated On : 20 Nov 2023 | 2:19 PM IST

Maruti to launch its own alternate for Innova in collaboration with Toyota

So far, as part of this collaboration, Toyota sells its Glanza which is the Baleno alternative and the Urban-cruiser which is nothing but a Toyota-branded Brezza

Maruti to launch its own alternate for Innova in collaboration with Toyota
Updated On : 12 Jun 2023 | 5:12 PM IST