Govt wants firms to slash royalties, cut costs to ride out the crisisCompanies including Maruti Suzuki, Toyota Kirloskar nd Ashok Leyland have been demanding cuts in the GST rate on automobiles, as well as incentives to scrap old vehicles
2 min read18 Sep 2020Toyota Kirloskar Motor is a joint venture between the Japanese Toyota Motor Company and Kirloskar GroupThe automaker, which sells models like Innova and Fortuner, said it has firm belief in the core strength of the country's economic growth
2 min read17 Sep 2020Indian customer’s views and behaviour towards online car purchase platform has evolved and will be further advanced in the coming days, says Naveen Soni, senior vice president, sales and service, Toyota Kirloskar
3 min read14 Sep 2020The company said its domestic sales stood at 12,138 units during May last year. It had also exported 928 units of the Etios cars during the year-ago period.
1 min read31 May 2020Speaking at Pivot Or Perish, the Mint webinar on the economic fallout of the Covid-19 pandemic, Vikram Kirloskar, Vice Chairman of Toyota Kirloskar Motor, and President of the Confederation of Indian Industry, said that there is no concrete movement on a stimulus for the automobile industry by the government yet. He also expressed scepticism about a possible flurry of big discounts on vehicles as a move to boost demand. Kirloskar said that such a move would be like 'hara-kiri' by auto firms. Watch the full video for more.
9 May 2020Demand will be impacted by uncertainty caused by the introduction of BS-VI, says, vice-chairman, Toyota Kirloskar
2 min read26 Feb 2020The company said that these changes would boost the alignment of resources for better optimization alongside enhancing efficiencies across operationsRaju. B. Ketkale is now promoted as the deputy-managing director for a newly formed function of manufacturing
1 min read10 Dec 2019The company has commenced the scheme for its unionised employees and supervisory category with a minimum of five years of service at the plantTKM Vice-Chairman Shekar Viswanathan said that the scheme is purely voluntary and has no relation to TKM’s business situation
1 min read6 Oct 2019When compared to petrol, diesel vehicles involve more technologies to control particulate matter to meet BS-VI normsIn 2018-19, the company reported 7% increase in domestic sales at 1,50,525 units from 1,40,645 units in 2017-18
1 min read12 Aug 2019This is the second time this year that the company is mulling to increase vehicle pricesThe company had announced to hike prices by up to ₹10,000 across its model range
1 min read16 Jun 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared