Japanese auto giant - Toyota Kirloskar Motor has announced that it has sold 11,284 units in the month of February 2014 as compared to 13,979 units in Feb 2013. As per the company, they exported 1,184 units of Etios series in the same month.
Showing posts with label Toyota. Show all posts
Showing posts with label Toyota. Show all posts
March 01, 2014
February 01, 2014
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Toyota Kirloskar Motor gets new organization structure
Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced its new organization structure, which will be effective from 1st April, 2014.
January 30, 2014
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Toyota officially announces the showcase of Corolla Altis and Etios Cross at the Delhi Motor Show
Toyota Kirloskar Motor (TKM) has officially announced its participation in the Auto Expo 2014 – The Motor Show. Toyota will exhibit vehicles ranging from the Etios Liva to the LC 200, which reflects a wave of mobility that Toyota has brought in, by its presence in each vehicle segment. The Toyota booth has a host of fun filled activities for customer engagement and vehicle’s that are designed to thrill, like the Toyota 86.
January 24, 2014
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Toyota world's largest carmaker for 2nd year running
Toyota continues to sell the most cars in the world in 2013 clocking 9.98 million vehicle sales last year.
January 22, 2014
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2014 Toyota Corolla Altis unveiling at Auto Expo; launch by mid 2014
Toyota is planning to showcase the next gen Corolla Altis at the 2014 Indian Auto Expo. The company has already stalled the production of the vehicle, which clearly indicates that it did so to clear the existing lot of cars. The Japanese auto-giant is also keen on launching the vehicle by mid 2014, following its unveiling, scheduled at the Delhi Motor Show, 2014.
January 10, 2014
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Toyota refreshs its Etios and Etios Liva
Toyota Kirloskar Motor Pvt. Ltd. today introduced the refreshed Etios and Etios Liva. The changes are as follows
New high end grades introduced in Etios Liva Diesel
December 28, 2012
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Following news that Toyota has proposed a massive settlement to address the owners of vehicles effected by the unintended acceleration recall, shares for the automaker are up 2.6 percent. Over the course of this year, Toyota's stock has jumped 51.7 percent.
"My initiate reaction would be 'that's it'... $1 billion charge that covers recalls and everything else and you are looking at a $250 million compensation fund, that's nothing," said a senior trader at a foreign brokerage to Automotive News. This settlement has been set aside to cover class-action lawsuits from 16 million owners of Toyota, Lexus and Scion vehicles and is separate from other impending lawsuits – including one consumer protection suit in California and another unfair-business-practices case brought on by 28 attorneys general.
In other positive news for investors, the Japanese yen has weakened compared to the US dollar. That likely means improved financial performance from the big Japanese automakers, the largest of which is Toyota.
Autoblog
Toyota shares rise on smaller-than-expected settlement news
Following news that Toyota has proposed a massive settlement to address the owners of vehicles effected by the unintended acceleration recall, shares for the automaker are up 2.6 percent. Over the course of this year, Toyota's stock has jumped 51.7 percent.
"My initiate reaction would be 'that's it'... $1 billion charge that covers recalls and everything else and you are looking at a $250 million compensation fund, that's nothing," said a senior trader at a foreign brokerage to Automotive News. This settlement has been set aside to cover class-action lawsuits from 16 million owners of Toyota, Lexus and Scion vehicles and is separate from other impending lawsuits – including one consumer protection suit in California and another unfair-business-practices case brought on by 28 attorneys general.
In other positive news for investors, the Japanese yen has weakened compared to the US dollar. That likely means improved financial performance from the big Japanese automakers, the largest of which is Toyota.
Autoblog
December 26, 2012
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Toyota's Organisation Structure Renewed with an aim to Achieve Company's Vision
Toyota Kirloskar Motor Limited (TKM) announced its New Organisational Structure. The proposed changes, which will come to effect from 1 Jan 2013, were earlier announced by Mr. Hiroshi Nakagawa, Managing Director and Chief Executive Officer, TKM. The main objectives of these changes are to strengthen the organization towards achieving TKM’s vision and further enhance speed of decision making.Mr. Shekar Viswanathan, Deputy Managing Director, Commercial, has been promoted to the post of Vice Chairman, External Affairs. Mr. Sandeep Singh, Deputy Managing Director, Sales, Marketing and Customer Service, has been promoted to the post of Deputy Managing Director and Chief Operating Officer. In his new role, he will head Sales, Marketing, Customer Service and Commercial Divisions.
Mr. Masanori Takahashi, Deputy Managing Director, Technical and Purchase, has been promoted to the post of Deputy Managing Director and Chief Operating Officer. In his new role he will head Manufacturing, Technical, Purchase and Vendor Development including supplier support. All the above mentioned executives will continue to hold positions in the company’s Board of Directors. Mr. Shigeru Tomonaga, currently holding the post of Deputy Managing Director, Manufacturing will be an Executive Advisor to the TKM Board of Directors and Chief of Supplier Support Center.
Commenting on the revised structure of the organization Mr. Hiroshi Nakagawa, Managing Director and Chief Executive Officer, TKM, said “As we expand our operations in India, we need our team to take up new roles and responsibilities. I wish my colleagues the best for their new endeavors.”
August 28, 2012
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Toyota Camry Specifications, Price & Photo Gallery
Camry is a benchmark in driving experience coming from the stables of Toyota and is considered a pretty car with the basic goodies coming as standard. In India, Camry is sold as highly executive saloon car. The name Camry is inspired by a Japanese word ‘kanmuri’ which means Crown. The very luxurious saloon is sold under the badge of Toyota Kirloskar Motors in India, although earlier it was brought in through Completely Built Unit (CBU) route which results in its voluminous price tag. However in this price competitive world and to garner more sales Toyota is now going to build in Camry at its Bangalore production facility translating into low cost as the car is now going to come in through CKD. With the high price tag Toyota Camry falls into the chauffeur driven car category. Camry can be termed as Toyota’s horse in the race where Honda Accord, Skoda Superb and VW Jetta are already galloping to win. Even after Camry is a high-segment car, it’s the second best selling sedan in the world and certainly is a dream car for many. This luxury sedan from the stables of Toyota will have a stiff competition from entry level Merc or a Beemer as they represent a status symbol which the Indians look for.
Camry, from its inception in India, comes with a neat petrol engine that delivers oodles of power and is surprisingly spirited to drive. A powerful 2.5 litre engine producing 178.5bhp and 233Nmat 4100rpmwith a dual variable valve timing-intelligent system (VVT-I) is on board. This is a reasonably big power plant considering the power to weight ratio. This engine also has an intelligent electronic control system (ETCS-I) that optimizes the engine output to ensure acceleration control with smooth gearshift changes by adjusting the throttle valve relative to accelerators opening. A quiet and a vibration free engine has been researched by the engineers of Toyota Motors extensively but with a 6-speed automatic transmission gearbox for sequential shift. Safety and comfort today is the car manufacturers' biggest forte and the Camry is no way behind the best. It has front and rear crushing zones side impact bars that are mandatory these days and there is no question of not having them. Air bags for driver, passenger and sides come in as standard along with seat belts warning. A unique brake assist system with air vented disc rotors for front and standard disc rotors for rear that helps the driver who panic sometimes in not applying the brakes with enough pressure. This system increases braking force even when the pedal is not pushed enough or reduces the amount of pressure when the driver intentionally eases up on the brake pedal. `Key Less Entry' along with an immobilizer are also some high points of safety in Camry.
The interiors are commodious and the ride quality is also commendable on this sedan. The passenger comfort zone consists of an automatic climate control, two options of the skin on the seats fabric or leather, an audio system with a 10 CD changer. The saloon is equipped with powered front driver and passenger seats for easy and exact levels of comfort adjustments, Body colored retractable rear view mirrors and for preventing those niggardly irritating scratches in parking lots and in heavy traffic conditions a body colored side protective mouldings. Well-defined exteriors of Toyota Camry shed luxury at each centimeter of road as it moves with a unique stance. The large sedan amalgamates sporty and luxurious looks perfectly. And talking of that smart outlook a seven spoke aluminum alloy 16-inch rim to put the package together, one can never stop blabbering over Toyota Camry.
New Toyota Camry Colors
Toyota Camry Specifications
Toyota Camry Price
Photo Gallery
July 01, 2012
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BMW and Toyota Join Hands To Develop Sports Car
Ever wondered what would happen if you managed to get your hands on a car that has the engine raw power and refinement of BMW, and Toyota’s sensibility and conservativeness? Well you can set those brain cells at ease with your day dreams. Soon enough the automobile industry will see this, finer than one’s imagination, car in reality. BMW and Toyota entered in a partnership for sharing the hybrid systems along with diesel engines.On 29th June two of the best carmakers signed a deal at the BMW headquarters at Munich closing down on the projects that they would be doing together.
One of the major developments and the most exciting news that this decision has resulted to is, jointly the companies will bring in a sports car with fuel cell, powertrain electrification and lightweight technologies.Though right now no further details on the sports car have been disclosed, the thought of BMW’s class and tuning along with Toyota’s marvelous engineering is intriguing enough. The other areas where BMW and Toyota will work together are Fuel cell development, powertrain electrification and light weight technology. Commenting on this signing, Norbert Reithofer, BMW board member said that this joint venture will strengthen the position and bring out more sustainable future technologies.On the other hand, Akio Toyoda, the president of Toyota Motor Corporation seemed very excited about this joint venture and stated that, with this both the companies will be able to stand true to their goal of delivering better cars every time. Including both the companies, the automobile industry, media and aficionados, all are looking forward to what this partnership will result to.
Source : Cardekho
June 19, 2012
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Toyota Names Julie A. Hamp as New Chief Communications Officer for North America
Toyota today announced that Julie A. Hamp will join the company as chief communications officer for North America, effective June 25. In this role, Hamp will have primary responsibility for coordinating Toyota’s public relations efforts in the region while leading the company’s cross-affiliate communications team including members from Toyota Motor North America, Inc. (TMA), Toyota Motor Sales, U.S.A, Inc. (TMS) and Toyota Motor Engineering and Manufacturing, North America, Inc. (TEMA).
She will report to Jim Lentz, president and CEO of TMS and senior vice president of TMA, and will be based at Toyota’s campus in Torrance, California.
“Julie is a proven communications leader with a wealth of knowledge and experience both inside and outside the automotive industry,” said Lentz. “We are thrilled to have her leading our communications and public relations efforts to enhance and promote Toyota as we continue to gain momentum in the marketplace.”
Hamp joins Toyota from PepsiCo, where she served in a global role as chief communications officer and senior vice president of consumer relations. Prior to joining PepsiCo, Hamp held several leadership positions at General Motors with primary responsibility for marketing/brand communications and public relations for North America, Latin America, Europe, Africa, and the Middle East.
“I am looking forward to joining the talented communications team at Toyota, a company known for high quality products, best in class manufacturing and innovation,” said Hamp. “Toyota has a significant presence in North America, employing more than 37,000 people and operating 14 manufacturing plants in the region; and I am excited to take on this role to help contribute to the success of this great company.”
Hamp will succeed Jim Wiseman, who had previously announced his retirement effective at the end of June. Wiseman, who has had a 23-year career at the automaker, served as Toyota’s first CCO for North America, named to the position at the beginning of 2010.
A native of Queens, NY, Hamp received a B.S. in Communications from Ferris State University. Her post-graduate studies include participation in the GM-Harvard Business School Executive Development program with an emphasis on Asian studies.
Source : http://pressroom.lexus.com
July 01, 2010
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Toyota Kirloskar Motors, an Indian venture of Japanese car maker Toyota, announced on Wednesday that it is going to resume the booking process for its best-selling luxury SUV Toyota Fortuner in the Indian market, starting form today.
It is to be mentioned here that company had suspended receiving bookings for the SUV in the Indian market in January 2010, due to the mounting order backlog and continuously increasing delivery period for this vehicle in the country. The suspension of about five months doesn't seem to be making any big difference in leveling the high waiting period of 4 to 5 months as company still has an order-backlog of 4,000 units of Fortuner.
Toyota Fortuner's Booking Restarted In India
It is to be mentioned here that company had suspended receiving bookings for the SUV in the Indian market in January 2010, due to the mounting order backlog and continuously increasing delivery period for this vehicle in the country. The suspension of about five months doesn't seem to be making any big difference in leveling the high waiting period of 4 to 5 months as company still has an order-backlog of 4,000 units of Fortuner.
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