Heena Sharma Blog

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

Toyota Kirloskar Motor (TKM) Friday launched a new version of Camry Hybrid at an introductory price of Rs 36.95 lakh (ex-showroom). The company, which is a joint venture between the Japanese auto major and Kirloskar group, assembles the vehicle at its Bangalore-based plant. "With the new generation Camry Hybrid , which is a self-charging electric vehicle, we are moving one step ahead towards cleaner and the greener environment," TKM Managing Director Mazakazu Yoshimura told reporters. With changing market dynamics in terms of safety and emission norms, the auto industry in the country will have to come up with solutions that lead towards the conservation of the environment, he added. "Globally, we have been the pioneers in hybrid technology and this has been an important focus for us in a market like India which is moving towards greener sustainable future," Yoshimura said. TKM Deputy Managing Director N Raja said the company would keep wor...