Tesla Inc surpassed $ 500 billion in market value on Tuesday as investors took its shares in the run-up to its S&P 500 debut, extending a meteoric rally that has seen it rise more than 500% this year. Shares of the California electric car maker rose nearly 5%, putting its …
Read More »Toyota launches Urban Cruiser SUV in India: check price, features, variants
After months of tweeting teasers, Toyota finally revealed the Toyota Urban Cruiser, a new entrant in the subcompact SUV segment. The new Urban Cruiser is the second car after Glanza to be launched under Toyota’s agreement with Maruti Suzuki. Pricing for the new subcompact SUV starts at ₹8.40 lakh (all …
Read More »Toyota Urban Cruiser: Toyota Urban Cruiser SUV launched, starts at Rs 8.40 lakh
NEW DELHI: Toyota Kirloskar Motor launched the Urban Cruiser SUV on Wednesday, starting at Rs 8.40 lakh (ex-showroom). Urban Cruiser is the second by-product of the Toyota Motor and Suzuki Motor Corporation joint venture, and is essentially a renamed Vitara Brezza. Urban Cruiser will be available in three versions: Mid, …
Read More »Toyota to invest 2 billion rupees in India in the next 12 months, clarifies Vikram Kirloskar
Union Minister Prakash Javadekar on Tuesday denied a report that Toyota Motor Corp would not expand further in India due to the country’s high tax regime. “The news that Toyota Company will stop investing in India is incorrect. @Vikramkirloskar has clarified that Toyota will invest more than ₹2000 crore in …
Read More »Toyota Halts India Expansion, Blaming ‘We Don’t Want You’ Tax
Toyota Motor Corp. will not expand further in India due to the country’s high tax regime, a blow to Prime Minister Narendra Modi, who is trying to attract global companies to offset the deep economic malaise caused by the coronavirus pandemic. The government keeps taxes on cars and motorcycles so …
Read More »Toyota Motors halts expansion plans in India, blames high tax regime
Toyota Motor Corp. will not expand further in India due to the country’s high tax regime, a blow to Prime Minister Narendra Modi, who is trying to attract global companies to offset the deep economic malaise caused by the coronavirus pandemic. The government keeps taxes on cars and motorcycles so …
Read More »Nitin Gadkari: Nitin Gadkari urges automakers to introduce flex-fuel engines
NEW DELHI: Pledging full support to the auto industry, Union Minister Nitin Gadkari on Friday encouraged automakers to introduce flex-fuel engines in India on a large scale to promote alternative fuels in alignment with the push for the government ‘Aatmanirbhar Bharat’. To encourage alternative fuel, the government has decided to …
Read More »Toyota enters the compact SUV segment, launches Yaris Cross with hybrid option
[ad_1] So far, Toyota Motor has been found to lack the compact SUV segment, one of the fastest growing categories in the car market. In 2021, the Japanese automaker will enter the segment with its new Yaris Cross SUV. On Thursday, Toyota unveiled the compact SUV for the European market …
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