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Showing posts with the label AUTOMOBILE INDUSTRY

Toyota launches compact SUV Urban Cruiser, price starting at Rs 840,000

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  Toyota Kirloskar Motor (TKM) on Wednesday launched its youngest SUV, the all-new Toyota Urban Cruiser, to strengthen its offerings in the segment. The Toyota Urban Cruiser is the second model to be launched in India under the global Toyota-Suzuki alliance following the the premium hatchback, the Toyota Glanza. Priceranges fromRs 840,000 to Rs 11,30,000 (Ex- showroom, Delhi), the company said in a statement. 'Dual Tone', available only in the premium variant of both MT & AT options, are priced atRs 998,000 and Rs 11,55,000, respectively, it was stated. The compact SUVis powered withK-Series 1.5 litre, four- cylinder petrol enginewithchoice of Manual Transmission (MT)/Automatic Transmission (AT), the statement said. Read More

Maruti Suzuki board approves supply of SUV Vitara Brezza to Toyota

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Maruti Suzuki India (MSI) on Wednesday said its board has approved supply of a derivative of compact SUV Vitara Brezza to Toyota Kirloskar Motor which will then sell the vehicle under its own brand name. This will result in incremental sales for the company, MSI said in a regulatory filing. Toyota and Suzuki had executed a memorandum of understanding on February 6, 2017 to begin concrete examination towards realisation of business partnership in areas including environmental technologies, safety technologies, information technologies, and mutual supply of products and components. Read More