Salaried customers can combine the Toyota festive offers with the ‘Special Cash Package’ recently announced by the Ministry of Finance to lower the initial burden of purchase.
TKM is offering a white-board subscription program in India through a newly launched vertical, Toyota’s Mobility Service (TMS) that will spearhead all mobility initiatives in India.
To start with, TKM will partner with existing Brand “KINTO” under Toyota Financial Services, ALD Automotive India & SMAS Auto Leasing India Pvt Ltd.
In March 2018, Toyota Motor Corp and Suzuki Motor Corp had concluded a basic agreement for supplying hybrid and other vehicles to each other in the Indian market.
Toyota has also unveiled several initiatives like EMI deferment for three months across all car models in India to keep customer's financial planning stable.
Toyota said that the decision is in consonance with the directives imposed by the Karnataka government to stem the spread of Covid-19.
The company said that in line with the government guidelines, it has quarantined those employees who are suspected to have had primary or secondary contact with the infected employee through contact-tracing.
Toyota Kirloskar Motor said that the company manufactured the last batch of the Etios series as well as the Corolla Altis at its plant in Karnataka last month.
However, Maruti Suzuki, Hyundai and Toyota Kirloskar Motor faced no immediate impact on their production schedules due to disruption in supply from China.
Toyota Kirloskar Motor's manufacturing plant in Bidadi, Karnataka marked this transition with the BS-VI diesel variant of the Toyota Fortuner.
Supply of the BS-VI compliant Innova Crysta will begin February 2020 onwards, across the country.
While Maruti Suzuki reported a 2.4 per cent hike in domestic vehicle sales, Mahindra and Mahindra sales went up by 1 per cent this December.
The newly unveiled facility spreads over 115000.00 sq. ft. and is an exclusive and independent dealership strengthening Toyota’s existing network.
Toyota Kirloskar Motor said that the rise in customer demand post October's festival season sales continued in November.
A study conducted by JD Powers found that customers ranked Hyundai the highest in terms of sales satisfaction, followed by Mahindra & Mahindra, and Toyota.
Transition to BS-VI emission norms, higher road taxes, and a slump in demand pose a serious challenge to the auto industry, Toyota Kirloskar's Vice-Chairman said.
Toyota Kirloskar Motors is offering customers offers of up to 20 per cent discount on Maintenance, General Repairs & Value-Added Services from Oct 1- Dec 31.
Toyota Kirloskar's initiative to reduce plastic usage in Service Parts Operation ensures zero waste to landfills, at its operating plant at Bidadi, Karnataka.
Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent to help the sector come out of a prolonged slump that has resulted in job losses.
Automobile companies are depending on the festive purchases to lift their sales from deep negative declines to somewhat reasonable levels compared to the past five months.